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More Asean winners than losers in an escalating trade war

Global Markets

More Asean winners than losers in an escalating trade war

Samantha Chiew Published on Thu, Apr 05, 2018 / 12:35 PM GMT+8

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SINGAPORE (Apr 5): CIMB says there are more winners than losers in Asean – among Malaysia, Indonesia, Singapore and Thailand (MIST) – in the escalating trade war between US and China.

Malaysia, Singapore and Thailand are particularly well placed to benefit from the displacement of demand for product categories in which it competes with China and US if their tit-for-tat tariff measures are implemented to the letter.

See: Bilateral US-China trade war could benefit Singapore, but not a global trade war