Deficit risk with US even at 10% tariff
In an earlier report, the Centre for Future Studies estimated that a 24% tariff would potentially reduce Malaysia’s export value to the United States by RM187.6bil in 2025. Under such circumstances, Malaysia could suffer a trade deficit of RM108.5bil with the United States. With the new higher tariff environment still in early stages amid persisting uncertainties, the real impact on Malaysian trade performance may not be visible anytime soon.
11 April 2025 I The Star
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So how did we get here, and what must change to rebuild the value of a degree?
