PETALING JAYA – Trump’s Impact on Malaysia’s Trade and Economy
With the possibility of Donald J. Trump’s return, Malaysian experts foresee both advantages and challenges. Prof Emeritus Dr Barjoyai Bardai warned that Malaysia could be affected by Trump’s “de-dollarisation” initiatives amidst growing tensions with China.
Trade Tensions and Malaysia’s Position
Malaysia’s role in the global market may shift as Trump’s administration potentially exacerbates trade issues with China, affecting Malaysia’s exports and economy.
The Role of Global Conflicts
Dr. Barjoyai also noted that Trump’s approach to conflict resolution could benefit Malaysia, especially if conflicts in regions like Ukraine and the Middle East are stabilized.
MIDF’s Positive Outlook on Exports and Investment
MIDF Research suggests that redirected trade flows may support Malaysia’s export industry and attract investments as companies seek alternatives to China under a China+1 approach.
US-Malaysia Relations Amidst BRICS Ties
Political analyst Dr Tunku Mohar stressed the importance of maintaining strong US relations, especially as Malaysia’s association with BRICS could attract attention if Trump pushes further de-dollarisation measures.