China has hit U.S.-owned vessels docking in the country with tit-for-tat port fees, in response to the American government’s planned port fees on Chinese ships, expanding a string of retaliatory measures before trade talks between U.S. President Donald Trump and Chinese leader Xi Jinping.
According to the Malaysian finance ministry‘s ‘Fiscal Outlook and Federal Government Revenue Estimates‘ report, total government revenue from vehicle import duties, excise duties and sales tax this year is estimated to be RM11.1 billion, and this is expected to rise 4.5% to RM11.6 billion next year.
China's export growth bounced back in September, but renewed trade threats from Beijing and Washington have rekindled worries about jobs and further deflation in an economy heavily reliant on selling its manufactured goods overseas.
China's car sales accelerated in September, the traditional peak season for the auto market, as dealers and consumers took advantage of trade-in subsidies before more local governments suspended the incentives.
U.S. consumer sentiment held steady in October, though Americans' concerns about the labor market and inflation persisted as the government shutdown began.
Malaysia’s labour market remained stable and resilient in August, supported by continued economic growth and stronger labour participation, with the unemployment rate holding at 3% while the number of unemployed persons declined to 520,000, according to Labour Force Statistics, Malaysia, August 2025.