Malaysia should take advantage of unilateral agreements to prepare for possible impact of Trump's tariffs

KUALA LUMPUR: Malaysia should take advantage of all unilateralfree trade agreements to further expand market potential as an early preparatory measure to face any possible impact from the implementation of tariffs by United States (US) President Donald Trump.Director of the Master of Business Administration Programme at Putra Business School, Associate Professor Ahmed Razman Abdul Latiffsaid this effort could ensure that Malaysia is not overly dependent on one or two major trading countries such as the US and China.Among the free trade agreements that Malaysia has signed are the Regional Comprehensive Economic Partnership (RCEP), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and also as a partner country of Brazil, Russia, India, Chinaand South Africa (BRICS)."Also as ASEAN chair, Malaysia should take the opportunity to increase trade activities within the region for the benefit of the country and its member countries," he told Bernama.According to A...