TOKYO — Thailand’s richest man and advisory chairman of the CP Group warned that Washington risks losing its global leadership position if countries pull back from investing in U.S. Treasurys amid sweeping tariffs imposed by President Donald Trump.
Speaking to Nikkei Asia in Tokyo on Friday, the 86-year-old Dhanin Chearavanont said the trade war has had “little” impact on his agrifood conglomerate, which adopts a produce-and-sell-locally strategy while importing around 80% of its production machinery from Japan.
