Juwai IQI Global Chief Economist Shan Saeed – Trump’s presidency will likely benefit ASEAN countries
By Tengku Noor Shamsiah Tengku Abdullah
KUALA LUMPUR, Oct 7 – The verdict is out: Donald J. Trump has returned to the White House, marking a historic comeback after defeating his Democratic opponent, Vice President Kamala Harris, in a hard-fought election. His victory reflects widespread support for his trade and economic policies, especially among voters concerned with U.S. global leadership and economic resilience.
Focusing on Trade with ASEAN and Beyond
Juwai IQI Global Chief Economist Shan Saeed remarked that Trump’s presidency will likely benefit ASEAN countries, especially those with strong demographics such as Vietnam, Indonesia, the Philippines, Malaysia, and Thailand.
Trump’s return brings hopes of renewed trade agreements and strengthened economic ties as he aims to prioritize bilateral free trade agreements with strategic allies.
Redefining Global Alliances
Shan also emphasised Trump’s intent to stabilise the Russia-Ukraine conflict, reevaluate U.S. alliances with NATO, and strengthen trade relations with key global players, including Saudi Arabia, the UAE, India, China, Russia, and European nations.
Trump is expected to encourage Europe to assume more responsibility for its defense, realigning the U.S. approach to security and financial commitments abroad.
A Vision of Trade-Driven Prosperity
Shan highlights Trump’s emphasis on “trade, not war,” promoting a vision of economic upliftment and stability.
Trump aims to leverage his global connections to foster peace, believing that trade enhances living standards and uplifts communities.
The first 100 days of Trump’s term will be critical as the world looks to the U.S. for decisive action.
Can the U.S. Lead the Way?
With his ambitious goals, Trump signals a commitment to reshape both domestic and international policies, reinforcing regional stability and economic cooperation.
His presidency raises anticipation of a transformative era, as the global community watches closely to see if the U.S. can lead toward a more prosperous and peaceful world.
- TNS News