The US will proceed with a 104% tariff on China beginning Wednesday, the White House announced. “There will be 104% tariffs going into effect on China tonight at midnight,” said spokeswoman Karoline Leavitt at a press briefing on Tuesday, Bernama reported citing Anadolu Ajansi. Leavitt said President Donald Trump believes China “has to make a…
The US tourism industry was expecting a surge in the numbers of foreign tourists but thanks to US President Donald Trump’s big mouth over policies and the reciprocal tariff, people are shunning away from the US. The federal government’s National Travel and Tourism Office released preliminary figures Tuesday showing visits to the U.S. from overseas…
By: Prof. Shah Nor bin Basri At the heart of Prime Minister Datuk Seri Anwar Ibrahim’s leadership lies a steadfast commitment to transforming Malaysia’s economy—but not in the conventional sense. His economic philosophy, MADANI, is a vision rooted deeply in justice, fairness, and people-centric development. Unlike traditional models that prioritize growth metrics and profits for…
By Sukhdave Singh The U.S., once a champion of global governance, has turned rogue, wielding economic power for extortion. This must be met with united resistance. Trump’s withdrawal from the TPP, a U.S.-led fair-trade initiative, exposes his true agenda: not fair trade, but unilateral dominance. His fixation on trade deficits in goods, ignoring service surpluses,…
All ASEAN nations would be dispatching their official to Washington DC to conduct engagement sessions with the Trump administration over the recenty announced reciprocal tariffs. The move to initiate discussions is part of Malaysia’s alignment with the “soft diplomacy of quiet engagement” as opposed to “megaphone diplomacy”, said Prime Minister Datuk Seri Anwar Ibrahim. “Together…
By Dato Dr. Ilango Karuppannan Former U.S. President Donald Trump’s decision to impose tariffs on 60 countries signals a broader shift toward economic fragmentation and protectionism. This is not just about countering China or protecting American industries—it represents a systematic dismantling of the post-World War II trade order, which was built on openness through institutions…
The ringgit opened lower against the US dollar due to a lack of buying interest, as market uncertainty persists following US President Donald Trump’s global reciprocal tariffs. At 8.09 am, the ringgit depreciated to 4.4485/4765 against the greenback from last Friday’s close of 4.4335/4400. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid…
Major stock indexes plunged in Asia today as White House officials showed no sign of backing away from their sweeping tariff plans, and investors wagered the mounting risk of recession could see U.S. interest rates cut as early as May. Futures markets moved swiftly to price in almost five quarter-point cuts in U.S. rates this…
Parents can help their children who are of students to master English by allowing their children to apply what they are learning at home by conversing with them daily in the language so they can build up confidence, said the BELL Language centre principal Angeline Khoo. She said that confidence can come if students are…
Datuk Seri Dr Mujahid Yusof Rawa US President Donald Trump recently announced new tariffs imposed on 158 countries worldwide, including Malaysia, effective April 9. These tariffs are a reciprocal response to international trade issues which Trump claims involved various barriers, obstacles and restrictions on US products. They also reflect Trump’s radical move to restructure the…
