Malaysia
MALAYSIA, THAILAND, CAMBODIA SET TO STRIKE LAST-MINUTE US TARIFF DEALS
Prime Minister Anwar Ibrahim stated that Malaysia is awaiting an official announcement from US President Donald Trump on 01 August regarding the country's tariff rate under ongoing trade negotiations, which must be finalized before higher tariffs take effect on 01 August. Anwar confirmed he spoke directly with Trump, who commended Malaysia's involvement in mediating the recent Thai-Cambodian conflict. Malaysia, previously facing a 25% tariff, has concluded negotiations, and a joint statement is expected from the US Trade Representative and Malaysia's Ministry of Investment, Trade and Industry. Trade Minister Zafrul Aziz confirmed the deal is finalized pending Trump's formal response. The US has agreed to 19% and 20% tariffs with the Philippines and Viet Nam respectively, while transshipped goods face a 40% levy. Cambodia and Thailand also reached agreements following ceasefire talks, though Cambodia's Deputy Prime Minister denied knowledge of a final deal. Singapore will face a 10% baseline tariff with no sectoral exemptions, which Prime Minister Lawrence Wong described as manageable. Trump has confirmed attendance at the ASEAN Summit in Kuala Lumpur in October, which Malaysia will chair. (ICE KUALA LUMPUR)
Fonte notizia: 02 agosto 2025, Kuala Lumpur