Niaga SPOTLIGHT: Economic Outlook 2025: Trade Wars & Tariffs

Malaysia’s economic outlook for 2025 projects moderate growth, with GDP expected to expand by 4.5-5.0%. The economy is poised for recovery, driven by strong export performance, particularly in electronics and palm oil. However, ongoing global trade tensions and tariff disputes pose risks. Azmi Hassan, Fellow, National Council of Professors discusses how Malaysia and ASEAN can best approach potential trade wars amid projected tariff increases under President-elect Donald Trump’s policies