Direct tariffs likely to impact Malaysia's exports but outlook bright on supply chain diversification - Franklin Templeton


KUALA LUMPUR: Malaysia’s exports are likely to be impacted by the imposition of any direct tariffs, global growth slowdown or possible recession, but the longer-term outlook remains bright as there is room for the country to benefit from supply chain diversification, said Franklin Templeton.

Franklin Templeton Emerging Markets Equity portfolio manager and senior research analyst Liao Yi Ping said trade protectionist measures by the United States (US) could impact Malaysia’s electrical and electronics (E&E) sector due to its nature of complex global supply chains and the sector’s demand sensitivity to economic growth.

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