Ringgit Rises As US Plans New Tariffs
KUALA LUMPUR, July 14 (Bernama) -- The ringgit opened higher against the US dollar on Monday, lifted by concerns over Washington’s plan to impose tariffs on three major trading partners from Aug 1, 2025.
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KUALA LUMPUR, July 14 (Bernama) -- The ringgit opened higher against the US dollar on Monday, lifted by concerns over Washington’s plan to impose tariffs on three major trading partners from Aug 1, 2025.
By Samantha Tan
KUALA LUMPUR, July 11 (Bernama) -- The United States (US) has dismissed concerns that its newly announced global tariffs could alienate ASEAN partners, reiterating that the measures are necessary to address long-standing trade imbalances.
KUALA LUMPUR, July 11 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended the week higher, defying a firmer US dollar, as geopolitical concerns boosted safe-haven demand.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 11 (Bernama) -- The ringgit ended the week lower against the US dollar on Friday as stronger US economic data fuelled demand for the greenback.
By Zufazlin Baharuddin & Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 10 (Bernama) -- The United States is holding active discussions with several countries at the 58th ASEAN Foreign Ministers’ Meeting (AMM) to push for further progress on US reciprocal tariffs.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 10 (Bernama) -- Malaysia should continue to strengthen its intra-ASEAN trade relations and engage in multilateral partnerships, as this approach will reduce dependence on any single country and benefit all parties by minimising both trade and non-trade barriers, including tariffs and the movement of goods across borders.
KUALA LUMPUR, July 10 (Bernama) -- The Malaysian Rubber Glove Manufacturers Association (MARGMA) has urged the government to promptly enter sectoral tariff negotiations with the United States (US) following Washington’s decision to raise import duties on rubber gloves to 25 per cent from Aug 1, 2025.
KUALA LUMPUR, July 9 (Bernama) -- Malaysia will continue its firm stance in crucial matters related to national interest and sovereignty in its ongoing negotiations with the United States (US) on tariffs.
KUALA LUMPUR, July 9 (Bernama) -- Malaysia remains optimistic about the outcome of its tariff negotiation with the United States (US), banking on certain sectors that could be favourable to both countries, says Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Aziz.
By Rosemarie Khoo Mohd Sani and Mikhail Raj Abdullah
KUALA LUMPUR, July 8 (Bernama) -- Malaysia stands to gain immensely from Prime Minister Datuk Seri Anwar Ibrahim’s official visits to Italy, France and Brazil, not only in attracting potential investments, but also in expanding export markets as protectionist tendencies from American tariffs threaten to shutter global trade.
GEORGE TOWN, July 8 (Bernama) -- The Malaysian Government must continuously engage with its United States (US) counterparts to negotiate a lower tariff rate, following Washington’s recent decision to impose a 25 per cent duty on goods from Malaysia, said Penang Chief Minister Chow Kon Yeow.
KUALA LUMPUR, July 8 (Bernama) -- The United States has imposed a higher tariff of 25 percent on any and all Malaysian products sent into the country, separate from all sectoral tariffs, effective Aug 1, this year.