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Economy

An unlikely casualty of U.S.-China trade war: Thailand's rubber market

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2018-10-11 09:26:09CGTN Editor : Gu Liping ECNS App Download

The last few years have been difficult for Rattana Kaewsuan, and it looks like things are about to get much worse.

The 60-year-old woman is a rubber tapper, an exhausting job at the best of times.

Working through the night, in 12 hour shifts, in dark plantations infested with mosquitoes and snakes, Rattana carefully scrapes a channel for the sap to run out of the rubber tree, into an upturned coconut shell.

But the milky white liquid is now worth sixty percent less than its value five years ago. 

Now, with rubber prices at an all-time low, the money she makes is barely enough to survive.

And if that wasn't bad enough, US President Donald Trump's trade war looks set to push prices down even further.

Unfortunately, Rattana doesn't have a choice.

  

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