M’sia calls for preparing contingency plans anticipating policy changes

SPI Asset Management managing partner Stephen Innes said Malaysia would be wise to prepare contingency measures in anticipation of possible US policy changes and targeted tariffs under a Trump 2.0 administration.

He said Malaysia could better protect itself from the risks of punitive trade measures by diversifying its export markets and gradually reducing its dependence on the large US market.

“While redirecting trade flows is no small task, it can provide a crucial buffer by helping Malaysia maintain economic stability in the face of volatility in US policy. Expanding into emerging markets like Brics…