QUOTE(aurora97 @ Dec 4 2025, 04:08 PM)
ART is not beneficial to Malaysia that's for sure but with so many countries acceding to the request, those who do not agree to it are bound to suffer badly.
Suffer as in how? Loss of jobs, businesses closing down and massive tariffs that would send out semiconductor industry back into the Stone Age, and foreign investors would exit our country.
We just have to ride through this Trump Administration and renegotiate when a new administration comes in. We cant be whinning over something that we have no control over.
for instance, we go to bank to borrow money, the bank say will only lend us the money if we give this collateral and at X% rate. Have you ever seen a borrower say, 'I don't want to give you collateral, and I wan Y% rate?
I think a lot of people are delusional, as though Malaysia is a global economic powerhouse and the rest of the world is dependent on us and we can negotiate a better outcome compared to other countries in the world.
Lastly, for those who are against ART, they forget to tell you, whether deliberately or not, within the next few months (Dec 25 to June 26, latest), the US Supreme Court will be deciding on whether the Trump Administration can impose tariffs. Based on the latest up-to-date consensus, it is very likely the Trump Administration will lose, and all tariffs imposed by Trump will be removed.
Which essentially would mean putting us back to pre-Trump Administrartion tariff situation.
So have fun biting each others head off over nothing.
i guess you will be happy to see MSIA economy and industries in a ruins
and lots unemployed just rempit around ...
the main reason is unfair trade
Large Deficit: The deficit for the full year 2024 was nearly $25 billion for goods alone, making Malaysia a major contributor to the overall U.S. trade imbalance (it was the 14th largest deficit in 2024).
tell me how you will fix this 25B usd deficit eh
USA import from MSIA 50 B usd in goods.
where are u going to sell them , if you get say 35 % tariff ?
Remember MSIA also have tariff on say imported CBU cars. if msia can do why others cannot ?
This post has been edited by Momo33: Yesterday, 04:33 PM