BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  Trump’s Flawed Tariff Math: Playing Chess or Rolling Dice?

Trump’s Flawed Tariff Math: Playing Chess or Rolling Dice?

Dr Carmelo Ferlito, CEO, Center for Market Education

09-Apr-25 12:00

Trump’s Flawed Tariff Math: Playing Chess or Rolling Dice?

Is there a deliberate strategy behind the Trump administration’s flawed tariff math — or is it just chaos cloaked in policy? In this episode of Enterprise Explores, we unpack the ripple effects of President Donald Trump’s so-called “reciprocal tariffs,” including a 47% tariff on Malaysian goods.

Dr. Carmelo Ferlito, CEO of the Center for Market Education, joins us to break down the flawed logic behind the U.S. calculations, the broader risks of a global trade war, and what Malaysian businesses and policymakers should do in response.

We explore the historical cycle of protectionism, how tariffs shrink markets and hurt jobs, and why Malaysia must double down on trade diversification, services liberalisation, and business consolidation to remain competitive.

Dr. Carmelo also explains why Southeast Asia may become collateral in the U.S.–China rivalry and how this new multipolar era could reshape global trade for decades to come.

Whether you’re a policymaker, exporter, or business leader — this is essential listening.

Image Credit: Shutterstock

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  marketseconomyinternationalpolitics

Tags:  tariffsglobal tradeus-chinaprotectionismmalaysia economy





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

David Dietze, Chief Investment Strategist at Dietze Wealth Management Group tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Maliana Shaharudin, Equity Analyst, BIMB Securities shares her insights on Malaysia's market outlook on rubber gloves sector.

7:45 AM

Morning Brief

Prof. Emeritus Datuk Dr. Norma Mansor of the University of Malaya discusses the effectiveness of SIKR 3.0

8:00 AM

The Breakfast Grille

Daryl Foong, Group CEO and Executive Director of Aquawalk discusses its expansion strategy after the company's listing on BURSA Malaysia.

8:30 AM

Morning Brief

Gary Ng, Senior Analyst at Natixis Corporate and Investment Banking, discusses what's driving China's trade surplus, and what comes next.

8:45 AM

Morning Brief

Associate Professor Dr Law Teik Hua, Head of the Road Safety Research Centre at Universiti Putra Malaysia discusses recent developments in the transportation space.

9:00 AM

Opening Bell

(REPEAT) David Dietze, Chief Investment Strategist at Dietze Wealth Management Group tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

The Property Show

Marcus Teng, CEO of PropNex Malaysia, outlines what the Real Property Development Bill could mean for Malaysia’s future housing landscape.

10:05 AM

Open For Business

Johnny Ong and Kelly Low, Co-Founders, Superdough

11:00 AM

The Workplace

Cilia Rasasegram, Chief Experience Officer, Kindler Employee Experience Project

12:00 PM

Enterprise Explores

Tarandeep Singh, Managing Director & Partner, BCG X

1:00 PM

The Breakfast Grille Repeat

Daryl Foong, Group CEO and Executive Director of Aquawalk discusses its expansion strategy after the company's listing on BURSA Malaysia.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Earth Matters

A First Nations delegation from British Columbia has brought a rights-violation complaint to PETRONAS. We find out more about the impacts of LNG Canada and Coastal GasLink on their lands and communities.

4:05 PM

Health & Living

We speak to anaesthesiologist Dr Annie Sheng-Yi Lin about her latest mission with Doctors Without Borders in Sudan, and what it’s like to risk life and limb to provide critical medical care on the frontlines.

5:00 PM

Top 5 at 5

6:00 PM

Big Issue

We unpack the FIFA-FAM scandal and discuss the future of Malaysian football with Haresh Deol, a sports journalist and the founder of twentytwo13, and Shazwan Wong, a youth football coach at FC Kepong.

7:00 PM

Stories of KL

We unpack the first ever Sentul Biennale with its organiser and artistic director.

8:00 PM

Cruise Control

Daniel Fernandez, Managing Editor, dsf.my