FBM KLCI strengthens alongside Asian bourses


PETALING JAYA: Bursa Malaysia’s FBM KLCI was among a host of major Asian bourses that had appreciated in yesterday’s trading session, apparently standing resilient in the face of the 25% tariff imposed by President Donald Trump on all vehicles and foreign-made auto parts imported into the United States.

Some analysts commented that for all the brickbats Trump is receiving, he is merely “levelling the playing field” against lesser known tariffs that have been imposed on the US products imported into other parts of the world.

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