Malaysia businesses respond to latest Trump tariff announcement
Businesses in Malaysia remain cautious despite the decision by the US to reduce tariffs on Malaysian imports. But the reduction at least helps the overall cost competitiveness of Malaysian-manufactured goods in the US market. Businesses and manufacturers are also bracing for higher operating costs and potential price hikes. Afifah Ariffin reports.
Businesses in Malaysia remain cautious despite the decision by the US to reduce tariffs on Malaysian imports. But the reduction at least helps the overall cost competitiveness of Malaysian-manufactured goods in the US market. Businesses and manufacturers are also bracing for higher operating costs and potential price hikes. Afifah Ariffin reports.