The Futurizts Podcast

F0137: Why Trump's Tariffs Will Negatively Impact Malaysia and Its Citizens (With Experts Hann and Sani)


Listen Later

On Apr 2, Donald Trump announced sweeping tariffs on multiple nations.

Malaysia has been slapped with 24% reciprocal tariffs, which is a 50% discount versus the tariffs we “charge” to the US, according to the White House.

Trump argues that tariffs will bring back industrialization to America.

He believes that other nations have become more rich and powerful at America’s expense, and that foreign countries, whether friend or foe, have “looted,” “pillaged,” “raped,” and “plundered” the beautiful country.

The steep tariffs will encourage US consumers to buy more local-made goods and major companies to build their factories in the country (at least that’s what Trump hopes).

In this session, financial experts Hann Liew and Sani Hamid discuss the impacts of Trump’s tariffs and why it is the DUMBEST trade war in history.

(01:33) What Are Tariffs And How They Impact You

(07:20) How The Tariffs Will Affect Other Countries

(13:35) Why This Is The DUMBEST Trade War In History

(22:55) Does Malaysia Impose 47% Tariffs To The US?

(29:17) How Important Is The US As Our Trading Partner?

(34:33) Singapore PM Releases Chilling Statement

(38:44) Is A Recession Imminent?

(44:42) Where Will The Market Go?

(48:40) I’m Just Beginning To Invest. What Now?

(51:54) Is Dollar Cost Averaging (DCA) Still Good?

(58:33) Should I Still Invest In The US?

(01:05:05) How Will The Crypto Market Move Forward?

(01:11:45) Will Tariffs Affect House Renovations?

(01:14:33) How To Be Better Prepared For The Chaos

Hann is a personal finance expert with over a decade of experience in the financial industry. Previously the CEO of RinggitPlus, he is qualified as a licensed financial planner (CFP) and a chartered financial analyst (CFA), and has helped tens of thousands of Malaysians on their path toward financial literacy. Hann is currently the founder of Halogen Capital, the world's first Shariah-compliant crypto fund that provides institutional exposure to Bitcoin.

Mr. Sani Hamid is an economist and certified financial planner (CFA) with over 30 years of experience in the financial markets. A frequent commentator in the media, Sani has worked for companies such as S&P Ratings as a Director in the sovereign team overseeing the ratings of countries such as Indonesia, India, Malaysia, and Singapore. Sani is currently based in Singapore, holding the position of Director, Wealth Management (Economy & Market Strategy) in Financial Alliance Pte Ltd.

Follow Hann: https://twitter.com/ooihann

Follow Sani Hamid: https://twitter.com/sanihamid

Follow The Futurizts: https://linktr.ee/thefuturizts

Join our WhatsApp group: https://wa.link/rrfac5

DISCLAIMER: The information contained in this podcast is for informational and educational purposes only. Nothing herein shall be construed as financial, legal, or tax advice. The opinions expressed in this podcast are solely those of the speakers.

...more
View all episodesView all episodes
Download on the App Store

The Futurizts PodcastBy Shinji Ong