Malaysia debates SST delay, China leverages rare earth power in U.S. trade talks, and Trump’s unpredictability reshapes global diplomacy.

🇲🇾 Malaysia

Malaysia’s expanded Sales and Service Tax (SST) is set to launch tomorrow—but experts warn it’s not ready. Economists are urging the government to delay the rollout to January 2026 to allow businesses and consumers time to adapt, especially with EPF contributions for foreign workers also set to rise in October. Delaying could reduce inflation risks and administrative confusion.

🌍 International

Global attention has turned to Washington and Beijing after a quiet trade deal was struck in London. Analysts say China came out stronger, leveraging its control over rare earth minerals—key to everything from iPhones to jet fighters—to pressure the U.S. Meanwhile, President Trump’s changing stance has weakened his negotiation credibility, earning him the nickname “TACO”—Trump Always Chickens Out.

🌏 Asia

In Asia, China is seizing this moment. Rare earths have been added to its dual-use export list, restricting global access. Experts say Beijing has realized it has the upper hand, and Washington’s urgency reveals its reliance on Chinese exports. This sets the tone for a tougher, leverage-heavy second round of negotiations.

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