U.S. President Donald Trump recently announced retaliatory tariffs of up to 24% on imports from over 180 countries, targeting critical export sectors such as electronics and rubber gloves in nations including Malaysia. Although Trump delayed tariffs on 70 countries for 90 days, the tariff-related risks remain. ASEAN member states pledged to avoid countermeasures and pursue frank dialogue with Washington to ease trade friction. Meanw...
Malaysian semiconductor companies may have dodged the initial bullet of US tariffs, but don't breathe a sigh of relief just yet! A second wave is looming, and the broader E&E sector is still in the crosshairs. Here's the breakdown: 1. Semicon Exemption? While semiconductor players were exempted from the first round of reciprocal tariffs, it might not last. 2. ATE and EMS Impact: Even without direct ...
The uncertainties surrounding the US’s tariff and trade war have dragged down certain sectors in Bursa Malaysia. But for investors, this could present a bargain-hunting opportunity. 1. Market Overview The FBM KLCI has had a rough start to the year, declining 7% year-to-date (YTD). However, incremental selling pressure is likely to subside due to: - High cash levels - Tightened margin financing criteria - No large-scale redemptions assumed 2. Technology...
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