“It’s harder to do business now with Trump back as president,” Pek, co-founder and managing director of Malaysia-based Southern Alliance Mining (SGX:QNS
) (SAM), told The Edge Singapore on the sidelines of a recent business event in the city-state. “Business sentiment across industries is fragile. There is cause for concern.”
Hours after Donald Trump announced on “Liberation Day” steep tariffs on a slew of countries worldwide, Malaysian mining businessman Pek Kok Sam was in Singapore lamenting, like many others, the strong-arm tactics of the US president to get America’s trading partners to play ball with him.
