KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia ended higher on Friday as investors continued to accumulate blue-chip stocks in line with stronger performances across most regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.50 points to 1,724.90 from yesterday’s close of 1,720.40. The benchmark index opened 0.83 of a point higher at 1,721.23, and moved between 1,715.67 and 1,730.12 throughout the day. The broader market was positive with gainers outpacing losers 707 to 402, while 547 counters were unchanged, 1,085 untraded and 56 suspended. Turnover expanded to 3.03 billion units valued at RM3.56 billion from 2.49 billion units valued at RM2.25 billion on Thursday.
If the Trump administration’s tariff policy has demonstrated anything, it is this: the US economy can withstand higher taxes on corporate America without collapsing. That lesson is increasingly relevant as federal deficits widen and government debt climbs to record levels. Tariffs Raised Billions — Growth Held Up Tariffs operate like taxes. Importers pay them, then either absorb the cost or pass it on to consumers. In the second half of 2025, tariffs generated US$29.5 billion per month in additional revenue for the US Treasury. Yet...