Alternative Views: Trump has won but it’s not all gloom and doom for Malaysia
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Malaysia's trade-to-GDP ratio historically exceeds 100%; US is more crucial to Malaysia's economy than China; Malaysia is a net exporter to the US, with E&E industry making up 40% of total exports; exports to the US rose from RM98 billion to RM156 billion (50% increase) post-COVID-19; exports to China increased from RM146 billion to RM198 billion (less than 35% increase); Trump plans to impose tariffs of 60% on China imports and 20% on others; potential trade war could impact Malaysia's exports; Fed cut rates to 4.5%-4.75% to stabilize the economy; Trump's policies may conflict with Fed's inflation goals; Malaysia must adapt to potential trade war dynamics.
#Trump #Malaysia #Economy #Trade #Exports #E&eIndustry #Tariffs #Fed #China #Gdp
https://theedgemalaysia.com/node/733404
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