PETALING JAYA – Economic Upsides and Downsides Ahead
Should Donald J. Trump secure another term, Malaysia may experience both opportunities and risks, according to analysts. Economist Prof Emeritus Dr Barjoyai Bardai warns that Trump’s policies, especially the trend toward “de-dollarisation,” could impact Malaysia’s economic trajectory.
Navigating US-China Rivalry and Trade Impacts
With Trump’s focus on addressing trade conflicts with China, Malaysia could be caught in the crossfire, particularly as global markets shift.
Trump’s Influence on Global Conflicts
According to Dr. Barjoyai, if Trump manages to resolve ongoing conflicts like those in Palestine and Ukraine, it may bring stability to global trade – a move that could benefit Malaysia.
MIDF’s Positive Outlook on Exports and Investments
MIDF Research predicts that Malaysia’s trade outlook may remain strong if US-China tensions resurface, with re-export potential and multinational investment both on the rise.
Maintaining Strategic Ties with the US
Political analyst Dr Tunku Mohar advised Malaysia to strengthen relations with the US, emphasizing that Malaysia’s BRICS affiliation might make it a target for Trump’s de-dollarisation policies.