Tuesday, 22 October 2019

Mahathir warns of possible trade sanctions on Malaysia

Mahathir warns of possible trade sanctions on MalaysiaMalaysian Prime Minister Mahathir Mohamad said on Monday his exports-reliant country could be hit with trade sanctions amid rising protectionism highlighted by the U.S.-China tariff war. Mahathir did not mention the source of possible sanctions on the Southeast Asian country but said he was disappointed that proponents of free trade were now indulging in restrictive trade practices on a "grand scale". "Unfortunately, we are caught in the middle," he told a conference in the capital Kuala Lumpur, referring to the U.S.-China trade war.




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