Why Malaysia may still face trade uncertainty after US midterms
Quick Look
Trump’s Republicans suffered a major defeat in US midterm elections, losing control of Congress and the Senate amid voter anger over living costs driven by the Iran war.
AI-generated summary
Why It Matters
Voters expressed anger over surging living costs caused by the Iran war during the US midterm elections.
Trump’s Republicans suffered their worst rout in recent times in the US midterm elections on Tuesday, losing control of both Congress and the Senate by wide margins as voters made clear their anger at Trump over surging living costs caused by the Iran war.
The results are expected to force the president to go on the defensive and double down on his controversial tariff regime, with little indication that a Democratic Congress would be of much help to smaller trade partners such as Malaysia, according to experts.
What to Watch
AI outlook — possibilities, not facts
President will double down on tariff regime.
Likely · Within months
Open Questions
- How will the new Congress alter trade policies?
