Trump’s Policies Could Shape Malaysia’s Economic Future
Trump’s presidency may reshape Malaysia’s trade landscape with mixed impacts, affecting both exports and investments.
PETALING JAYA – Anticipated Changes for Malaysia Under Trump
Donald J. Trump’s possible return to office could bring both positive and negative impacts for Malaysia, experts predict. Economist Prof Emeritus Dr Barjoyai Bardai commented on the “de-dollarisation” trend driven by US-China tensions, noting its potential effects on Malaysia.
Trade and Economic Shifts with China
With Malaysia’s trade heavily intertwined with China, Trump’s stance on trade issues could significantly influence Malaysia if relations deteriorate further.
Global Conflicts and Economic Ripples
Dr. Barjoyai highlighted that Trump’s efforts to stabilize global conflicts could benefit Malaysia’s economy, especially if conflicts in regions like Palestine and Ukraine are resolved.
MIDF’s Insights on Trade Flows and Investment
A MIDF Research report foresees Malaysia gaining from redirected trade flows as companies explore alternatives to China. Malaysia may attract increased foreign investment under a “China+1” strategy.
US Relations and the BRICS Factor
Dr Tunku Mohar emphasized the need for Malaysia to balance its BRICS membership with strong US relations, particularly as Trump might intensify de-dollarisation efforts.
