A shocking decision comes from Malaysia, which officially cancels the trade agreement with the United States.
This step was taken after the Supreme Court of the United States stated that the tariff policy implemented by Donald Trump has no valid legal basis.
The Minister of Trade of Malaysia, Johari Ghani, stated that the agreement is no longer relevant because the United States has lost the legitimacy to provide low tariffs in that cooperation.
In response, Trump announced a new global tariff policy of 10%, which is planned to increase to 15% in the near future.
This cancellation was also triggered by the decrease in the economic value of the agreement, making it no longer beneficial for Malaysia.
This situation raises concerns that other countries, such as India, will also evaluate their trade relations with the United States.
If this trend continues, the world could face significant changes in the global trade map and increased tensions in the trade war.
The question now is:
Is this the beginning of a wave of countries leaving the US as a trading partner?
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Disclaimer: This post is intended for educational purposes only, not an invitation to buy or sell investment assets.