Faced with trade threats, Dr M suggests Asean ‘do exactly what Mr Trump does’ | Malay Mail

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BANGKOK, Nov 2 — Malaysia and its regional neighbours can take a leaf from US President Donald Trump’s playbook on dealing with troublesome trade partners who threaten to stop buying their products, Tun Dr Mahathir Mohamad said at the Asean Business and Investment Summit (ABIS 2019) here today....

Saturday, 02 Nov 2019 04:00 PM MYTPrime Minister Tun Dr Mahathir Mohamad speaking at a Dialogue Session at the Asean Business and Investment Summit 2019 at IMPACT Exhibition Centre, Bangkok Novemeber 2, 2019. — Bernama pic

He said that Asean does not want to be dragged into a trade war, but will not be “bullied” and could prevail if its member states rallied together and spoke as one voice against some of the old, developed nations where protectionist sentiments were gaining momentum against the new economic producers, which includes Malaysia.

“We do exactly what Mr Trump does. Not a very nice man but we can learn from people who are not so nice,” he said, to laughter from the packed hall. “So that is the way to go. And in the meantime, our economy grows. And when our economy grows, we will have a stronger voice. But always, try to speak with one voice. You go it alone, you will be bullied,” he said.

“There is a fear now that competition this time will benefit countries in the East rather than developed countries in the West.

 

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