Mitihoon – Mr. Burin Adulwattana, Managing Director and Chief Economist of KASIKORN RESEARCH CENTER (KResearch), recently held a special press conference to discuss the development of global trade following the implementation of the ‘Americal First’ policy. He highlighted how the policy has altered the direction of US trade policy and heightened uncertainty for the global economy through import tariff measures that have expanded from China to many other countries, leading to the imposition of import tariffs worldwide across multiple industries. As a result, the global economy and international trade are facing elevated uncertainty. In 2026, several key developments are expected to shape the direction of global trade, including a meeting between Chinese and US leaders, the review of the United States–Mexico–Canada Agreement (USMCA), and court rulings on whether the use of the International Emergency Economic Powers Act (IEEPA) to implement tariff policies will be deemed invalid. The US continues to rely on import tariff policies to protect its domestic industries. For Thailand, it is crucial to accelerate the conclusion of free trade agreements (FTAs) with the European Union (EU) and the US to avoid losing competitiveness, particularly in the gems and jewelry industry, which competes directly with India. The press conference was held at KBank Head Office, Phahon Yothin Building.
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