‘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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Maybank IB , Invest Asean , trade

   

Next In Business News

Thai business group cuts 2024 GDP growth forecast
TotalEnergies mulls moving listing to Wall St
Rig dearth aggravates Indonesia’s declining oil and gas production
Optimistic growth prospects for Focus Point Holdings
Energy producers Santos, Repsol explore sale of stakes in Alaska oilfields
Epsom sees more student enrolment from UK
SC: Planners should give sound financial advice
China’s surging industrial loans aren’t going to its factories
Japan’s helping hand in BoE June rate cut window
Carsome turns Ebitda positive in 1Q24 on business scale

Others Also Read