“Hong Leong Investment Bank (HLIB) Research said that, on a relative basis, the 24% reciprocal tariff on the sector is likely to enhance the competitiveness of Malaysian glove players.
This is especially so when compared to China, which could face a much higher tariff of 50% + 20% + 34% (set to rise to 100% + 20% + 34% by Jan-26), while Thailand will also be elevated at 36%,”
Source: The Star
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