The former finance minister takes a swipe at his successor for claiming the positive export growth is an early sign of a robust second-quarter GDP growth.
He says the Sarawak Veterinary Services Department has issued a circular prohibiting such imports but state government is ignoring it.
Hoo Ke Ping says it is unlikely that the 9.4% fall in imports in February was due to the midweek Chinese New Year celebrations.
The international reserves as at March 15 are up from US$102.4 billion as at Feb 28.
As Europe is becoming more advanced, manufacturing industries in Europe must adapt to the changing economy.
Alibaba Group Holding is eyeing more Hollywood movies after the success of 'Green Book' at the Oscars and also expects more US exports into China.
Donald Trump is taking a jive with trade tariffs as he has repeatedly touted the tariffs imposed last year, most notably on US$250 billion in annual imports from China.
The effort is also part of a strategy to stop Trump from slapping damaging duties on car imports from Europe, a danger that has especially unnerved Berlin.
India's palm oil imports rose 17.3% in December even before announcement of cut in duty on Dec 31.
Officials in Beijing said the price of US rice is not competitive, that permitting imports should be interpreted as a goodwill gesture.
The 25% tariff imposed on vehicles as a tit-for-tat measure will be scrapped starting Jan 1.
A push by companies in the US and China for import substitution towards the rest of Asia is expected to benefit Malaysia in particular.
Deals for intelligence and high-end equipment were set to total US$16.46 billion while those for consumer electronics and home appliances were around US$4.33 billion.
Singapore has already seen exports ease this year.
The trade surplus in September jumped to RM15.3 billion, the biggest trade surplus recorded since October 2008.
With rising wages and low unemployment, Americans purchased more foreign-made telecommunications equipment, computers, mobile phones, aircraft engines, clothing and toys.
The world’s second largest economy halted purchases of US crude in August for the first time since September 2016.
The finance ministry banned the import of vehicles for all state institutions for one year.
The decision to call off a planned delegation comes as President Donald Trump signals he’s prepared for short-term pain for the US economy by ramping up the trade war.
The Washington Post and Wall Street Journal said the president had decided to impose 10% levies on $200 billion of Chinese imports and could make an announcement in the coming days.
The Mac mini desktop computer, Apple Pencil stylus, various chargers and tooling equipment will also be affected.
China has threatened retaliation, which could include action against US companies operating there.
Japan has been seeking a waiver that would allow it to continue importing Iranian oil, but it appears unlikely to obtain one.
China has vowed to retaliate against all US tariffs but hasn’t announced a response to Trump’s proposal to put duties on another US$200 billion in Chinese imports next month.