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THE US-China trade war drummed up by Washington last month threatened to escalate to a full-scale confrontation when Beijing fired back last week with punitive taxes on a wide range of US goods entering China.
PETALING JAYA: Pundits have cautioned that Malaysia could become an unlikely victim of a full-blown trade war between the United States and China, taking a contrasting viewpoint from Prime Minister Tun Dr Mahathir Mohamad, who believes it will benefit the local economy.
THE intensifying trade war, especially between the US and China, and its negative impact is leading to major cuts in growth forecasts.
IF YOU thought President Donald Trump’s golf outings were expensive, wait until you see how much his trade war could cost investors and most likely already has.
OVER the period of 2018 to 2020, Malaysia’s export risks will decline by 0.08 percentage points as a result of the US-China trade war, while the country’s gross domestic product (GDP) could decline by 0.02 percentage points.
SINGAPORE: Commodity bull Goldman Sachs Group Inc. has poured cold water on the notion that a trade war between the U.S. and China represents a serious threat to raw materials, saying most of them aren’t likely to be significantly impacted, and after recent declines now’s the time to buy.
PETALING JAYA: Despite the escalation in the US-China trade war which may dent exports of emerging markets, Malaysia is poised to maintain a trade surplus for this year and 2019, albeit slightly lower than in 2017.
GEORGE TOWN: Local electronic and plastic manufacturers are the beneficiaries of the ongoing trade war between the US and China.
BEIJING: U.S. President Donald Trump fired the biggest shot yet in the global trade war by imposing tariffs on $34 billion of Chinese imports, delivering on a promise to his political supporters that risks provoking retaliation and harming the world economy.
PETALING JAYA: At least two more locally listed companies have jumped on the bandwagon to explore new opportunities stemming from the escalating US-China trade war.