‘Tariffs will prompt regional trade boom’

“I believe regional groups such as Asean, BRICS and the European Community will flourish as they start increasing bilateral trade among themselves.” Samuel Tan

THE US Government’s decision to impose a hefty 24% tariff on Malaysia may lead to growth and development of other regional groups or growth corridors, says a local business chamber.

These corridors includes the Johor Singapore Special Economic Zone (JS-SEZ), said Johor Indonesia Business Chamber (JIBC) president Samuel Tan.