Govt refutes US claim of 47pct tariff on American goods

Govt refutes US claim of 47pct tariff on American goods

KUALA LUMPUR: The government has denied a claim by the United States (US) that Malaysia has imposed a 47 per cent tariff on US imports.  © New Straits Times Press (M) Bhd

Measures to help Malaysia weather Trump tariff storm being discussed, says Miti

PETALING JAYA: Key measures to help Malaysia withstand the coming global tariff storm from the United States (US) are currently under discussion, says the Investment, Trade And Industry Ministry. Read full story

Malaysia well-positioned to face economic crisis if global trade war breaks out

PUTRAJAYA, April 4 — Malaysia is well-positioned to face any economic crisis following fears that the United States’ sweeping tariffs on 168 countries, including Malaysia, will start a global trade war. Finance Minister II Datuk Seri Amir Hamzah Azizan said brisk consumption expenditure as a result of the Rahmah cash contribution programme, as well as foreign portfolio investment inflow into the bond market, have strengthened Malaysia’s fundamen…

Gan Kim Yong: Singapore will not retaliate against US tariffs but seeks engagement and resolution

Singapore will not impose retaliatory tariffs on the United States despite Washington’s move to implement a 10 per cent baseline import duty on Singaporean goods, said Minister for Trade and Industry Gan Kim Yong on 3 April 2025. Speaking to the media, Gan who is also Deputy Prime Minster, underscored Singapore’s decision to focus on engagement, dispute resolution, and economic stabilisation measures, rather than escalating trade tensions. “Unde…

Czech politicians are also reacting to the tariffs announced by US President Donald Trump. Prime Minister Petr Fiala (ODS) said that Prague could not pass them by silence. He said Europe was ready to negotiate with the United States. Deputy chairman of the opposition ANO Karel Havlíček said that ANO, according to him, does not recommend retaliatory measures and advises to act with balance sheet. According to him, neither wrongdoing nor hastiness…

MITI: M’sia not considering retaliatory tariffs in response to US move

KUALA LUMPUR (April 3): The Ministry of Investment, Trade and Industry (MITI) views the 10 per cent tariffs hikes and reciprocal tariff announced by the United States of America (US) on Malaysian exports to the US seriously and is actively engaging with the US authorities to seek solutions that will uphold the spirit of free and fair trade. In a statement, MITI said the US tariffs affect many countries with potentially significant implications f…