March 06, 2025 05:00 GMT
EM ASIA CREDIT: Thai plans to reduce surplus with U.S. challenging
EM ASIA CREDIT
PTTEP Treasury Center (PTTEPT, Baa1/NR/BBB+)
"*THAILAND CAN RAISE US FARM IMPORTS TO REDUCE TRADE SURPLUS"
- The Thai Chamber of Commerce earlier stated that the country can raise imports of farm products, such as corn, soybean and fish. We note that corn and soybean are not traditional staple foods. Therefore the impact on the trade deficit likely limited.

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