M’sia may gain US market share amid tariff drama

Quick Summary:

The sweeping United States tariffs will be credit negative for Asia-Pacific (Apac), but lower-tariff countries such as Malaysia, India and the Philippines may gain market share through trade triangulation to serve the US market, according to Moody's Ratings.

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The ratings agency said the new tariffs would hinder the “China 1” strategy, and that supply chain diversification away from China is unlikely to accelerate at this stage.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaAustraliaChinaIndiaNew ZealandPhilippinesSingaporeUnited States

Topics: SupplyChainShift IntraRegionalTrade AsiaPacific MoodyRatings TradeTriangulation Tariff Wars /Business/Business News USATariffs MalaysiaExports Economy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-10 @ 00:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 291 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 33 words per sentence (average)

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Copyright Owner: © The Star

News ID: 27762677

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