Local rubber glove makers may gain from US-China trade war

Over the recent quarter, the rubber glove industry has weathered the worst, given the sharp deterioration in operational earnings per glove.

PETALING JAYA: Malaysian rubber glove manufacturers could benefit from the trade spat between the United States and China as a tariff is being imposed on rubber/plastic gloves from China.

Affin Hwang Research noted that the gloves are on the US$200bil list of Chinese goods that would be subject to a 10% import tax.