Malaysia is seeking chip deals with Brazil and India, the government has said, issuing a stark warning that the US market may be lost to the country’s exporters.
As tariff-pummelled Southeast Asian nations scour for new, friendlier markets, the Brics grouping has come into focus. The bloc, which includes Brazil, Russia, India, China and South Africa, now represents about 40 per cent of global output.
Like Asean, the bloc is seeking new trade alliances to soothe its own mauling by American...