Malaysia to Discuss Tariffs with U.S. at ASEAN Summit

Reported 17 days ago

Malaysia plans to engage in talks with the U.S. regarding sectoral tariffs, particularly on semiconductors, during the ASEAN Leaders Summit next week. This follows the introduction of a 19% tariff on Malaysian exports to the U.S., though semiconductors currently remain exempt amid a national security review. The discussions, led by Trade Minister Tengku Zafrul Aziz, aim to finalize an agreement that could benefit various sectors in Malaysia, as other countries are also expected to negotiate trade agreements with the U.S. at the summit.

Source: YAHOO

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