Analysts reckoned that the prospects of rising tariffs on Chinese products will increasingly make Malaysian glove makers more competitive in the North American market.
PETALING JAYA: The rubber glove sector is starting to look like a safe harbour for investors amidst fears of higher tariffs and more stringent trade restrictions by the United States on China.
President-elect Donald Trump has vowed to impose a blanket tariff of up to 20% on every foreign import entering the United States, and a harsher 60% to 100% rate for Chinese goods.
