M’sia must take a stand against Trump’s tariffs, says Guan Eng

Free Malaysia Today

The former finance minister says tariffs pose a threat to sustainable economic growth and could cause global inflation.  Read More: https://www.freemalaysiatoday.com/category/nation/2025/02/03/msia-must-take-a-stand-against-trumps-tariffs-says-guan-eng/  Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #LimGuanEng #DonaldTrump #US #Tarrif

Transcript

00:00Former Finance Minister Lim Guan Eng has urged Malaysia to join forces with Canada, Mexico

00:07and China to oppose the tariffs imposed by newly elected U.S. President Donald Trump.

00:13Lim said tariffs posed a threat to sustainable economic growth and could cause global inflation.

00:20The Mayan MP said while Malaysia was not directly targeted by Trump's tariffs, the country

00:24would still face indirect repercussions.

00:27He said any impact on China's economy would inevitably affect Malaysia, as China had been

00:32Malaysia's largest trading partner for the past 15 years.

00:37Last week, Trump said Canadian and Mexican exports to the U.S. would face a 25 percent

00:42tariff, while goods from China would see an additional 10 percent tariff.

00:46To mitigate the impact of these tariffs, Lim urged the government to delay the implementation

00:51of the luxury goods tax and postpone targeted subsidies for RON95 to avoid floating its

00:56price on the market.

00:58Dhanushwaja Reza, FMT News.

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