US Tariff Ruling Lifts Market Sentiment, Positive For Malaysian Markets — Economists
KUALA LUMPUR, Feb 21 (Bernama) — The United States (US) Supreme Court ruling limiting President’s unilateral tariff authority would improve global economic and market sentiment, with economists saying the development could benefit Malaysia’s exports, capital markets and currency outlook. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid told Bernama that the decision indicates that separation of powers remains effective in the US, which would limit policies that could potentially be harmful to the global economy. He said that while the US President Donald Trump administration may still look for ways to implement protectionist measures, it may take […]