‘Trade war will be too costly for US economy’


KUALA LUMPUR: The policy rhetoric of US President Donald Trump will unlikely culminate into a trade war between the world’s largest economy and China.

According to panelists at the Invest Asean 2017 conference here yesterday, while the United States is increasingly looking inwards under Trump’s administration, a trade war with China or any major economies would be too costly for the US economy to pursue.

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Business , Maybank IB , Invest Asean , trade

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