Early signs of strain as Malaysia's export sector braces for 25% US tariff
Malaysia's export sector is showing early signs of strain, ahead of the 25% US tariff set to take effect on Aug 1. Manufacturers have seen dwindling orders, as buyers are hesitant amid the ongoing uncertainty. The Trade Ministry is pushing ahead with negotiations, but analysts warned that Malaysia must prepare for both short- and long-term effects of the trade war. Afifah Ariffin reports.
Malaysia's export sector is showing early signs of strain, ahead of the 25% US tariff set to take effect on Aug 1. Manufacturers have seen dwindling orders, as buyers are hesitant amid the ongoing uncertainty. The Trade Ministry is pushing ahead with negotiations, but analysts warned that Malaysia must prepare for both short- and long-term effects of the trade war. Afifah Ariffin reports.
Popular Shows
