Second Trump presidency could benefit Malaysia, says Tengku Zafrul

2024-07-18 12

Malaysia could benefit if Donald Trump wins a second presidential term, as he might renew the trade war against China, said Tengku Datuk Seri Zafrul Abdul Aziz.

The Investment, Trade, and Industry Minister told reporters on Thursday (July 18) that Malaysia's neutral stance could attract firms operating in China to relocate to Malaysia, as well as other countries in the region such as Singapore and Vietnam, to avoid the increased US tariffs Trump has pledged to impose if he returns to power.

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