KUALA LUMPUR (Reuters): Prime Minister Dr Mahathir Mohamad said on Monday (Oct 21) his exports-reliant country could be hit with trade sanctions amid rising protectionism highlighted by the US-China tariff war. "Unfortunately, we are caught in the middle," he told a conference in Kuala Lumpur, referring to the US-China trade war. To cushion the impact of the collision between the superpowers, Dr Mahathir said Malaysia was collaborating more with its regional neighbours. The European Union passed an act earlier this year to phase out palm oil from renewable fuel by 2030, due to deforestation concerns. Related stories:Dr M: We are friendly with everyone but will not accept foreign ideologiesDr M: Near miracle Malaysia not bankrupted by kleptocratic regimePromote unity because you want to, not for incentives, says Dr M

Source: The Star October 21, 2019 04:07 UTC