A recent victory against former US President Trump’s global tariffs in a US trade court has proven short-lived, as a federal appeals court temporarily reinstated them, creating ongoing uncertainty for global trade and Malaysia’s economic outlook, according to a new report by MIDF Research.

Official data shows that under the current blanket system 50% of fuel subsidies goes to the top 20% of households, and only 13% to the bottom 40%.

American ­buyers of Malaysian furniture have asked that the products be sent to them before July in view of the uncertainty over US tariffs, says the Malaysian Furniture Council.

U.S. President Donald Trump's unilateral tariffs will hurt Americans more than the countries targeted by them, according to former Malaysian Prime Minister Mahathir Mohamad, who warns that the U.S. cost of living will increase.

The government is expected to introduce a special grade of egg at an affordable price to minimise the impact of the subsidy removal.

Infographic on the subject matter.