Who wins the trade war? Maersk’s Malaysia mega-bet backs Southeast Asia

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Next to a bustling expressway funnelling Malaysia’s exports to the world, Danish shipping giant Maersk has placed a US$118 million bet that Southeast Asia will not only withstand the new tariff era, but find a way to prosper.Maersk’s largest Asia-Pacific distribution centre opened in Shah Alam, Selangor state, on Wednesday. Seven years in the planning, it was conceived well before Donald Trump’s tariff-wielding return to the White House disrupted supply chains and slashed corporate margins.But...