Malaysia is in intense negotiations with the United States to reduce impending tariffs on its exports, aiming for a rate below 20% before the August 1 deadline. The US, under renewed Trump-era policies, is threatening a 25% tariff unless Malaysia makes concessions on issues like electric vehicle (EV) market access and foreign ownership laws. However, Malaysia's government has drawn 'red lines,' refusing to compromise on key national policies such as the Bumiputera affirmative action policy and halal certification standards. Despite regional peers striking more favorable deals with the US, Malaysia insists on protecting its sovereignty and economic interests. The outcome of these talks will significantly impact Malaysia's export competitiveness and its broader economic strategy.
היה הראשון לענות דיון כללי זה.