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KUALA LUMPUR, May 6 (Bernama) -- Malaysia's rubber glove market share in the United States is expected to increase to 55 per cent, despite facing a 10 per cent tariff hike and reciprocal tariffs imposed by the US on Malaysia.
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KUALA LUMPUR, May 5 (Bernama) -- Malaysia will begin reciprocal tariff negotiations with the United States (US) on Tuesday, with the main objective of ensuring that no tariffs are imposed on the country, especially in key sectors, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
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KUALA LUMPUR, May 5 (Bernama) – Reciprocal tariff negotiations with the United States (US) are actively underway alongside strong support for local industries and the exploration of new export markets, said the Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
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By Danni Haizal Danial Donald
KUALA LUMPUR, May 5 (Bernama) -- The ringgit ended higher against the US dollar at the close on Monday, amid the government’s response towards the impact of the reciprocal tariff from the United States (US), said an analyst.
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KUALA LUMPUR, May 5 (Bernama) -- Malaysia strongly opposes any breach of the international trading system, including the issuance of fake or misleading certificates of origin, in an effort to circumvent tariffs.
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KUALA LUMPUR, May 5 (Bernama) -- The government has agreed to raise government guarantees under the Business Financing Guarantee Scheme (SJPP) by RM1 billion to assist small and medium enterprises (SMEs) that are affected following the United States (US) tariff announcement to secure loans from commercial banks.
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KUALA LUMPUR, May 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has reiterated that the government will not compromise on the country’s core policies in tariff negotiations.
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KUALA LUMPUR, May 5 (Bernama) -- The United States (US) government has agreed to further talks with Malaysia on the surprise US reciprocal tariff imposed on imports from the country, said Prime Minister Datuk Seri Anwar Ibrahim.
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KUALA LUMPUR, May 5 (Bernama) -- The government will allocate an additional RM50 million to the Malaysia External Trade Development Corporation (MATRADE) to expedite efforts to explore new markets.
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KUALA LUMPUR, May 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is confident that Malaysia’s strong economic fundamentals will enable the country to navigate the global uncertainties following the recent announcement of retaliatory tariffs by the United States (US).
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KUALA LUMPUR, May 4 (Bernama) -- All eyes will be on the Dewan Rakyat on Monday as Members of Parliament convene for a special sitting to deliberate on the United States’ (US) surprise imposition of retaliatory tariffs on Malaysian exports – a move that has sparked concern across government and industry.
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KUALA LUMPUR, May 2 (Bernama) -- CIMB Investment Bank Bhd views the 90-day pause on reciprocal tariffs by the United States (US) as a watershed moment for Malaysia to recalibrate its growth strategy through stronger regional integration and domestic economic reforms.