Malaysia will dispatch its trade and second finance ministers to the United States later this month to address U.S. tariff measures, in line with a collective ASEAN response to rising trade tensions, the government said Thursday.
Speaking at a regular press briefing, Fahmi — who also serves as the government’s spokesperson — said the mission is part of a broader ASEAN initiative aimed at jointly responding to tariff actions under U.S. President Donald Trump’s “reciprocal” trade strategy.
“This is also a result of the consensus reached among ASEAN countries to jointly address the U.S. tariff issues,” Fahmi said. “We will see the results after they return.”
Malaysia is facing a 24 percent tariff under Trump’s proposed measures, although most of the new duties have been suspended until July. Southeast Asian economies have been particularly impacted by the threat of U.S. tariffs, which target countries with large trade surpluses.
Despite the pressure, Malaysia has ruled out retaliatory tariffs. Last week, the trade ministry said Malaysian embassy officials in Washington were already engaging with U.S. counterparts to seek a resolution.
Unlike some other Asian nations, Malaysia has not announced plans to increase purchases of U.S. goods in order to reduce its trade surplus with Washington — a tactic previously used by countries such as Japan and South Korea.
The upcoming high-level trip is expected to focus on negotiating exemptions or reductions in tariffs and reinforcing Malaysia’s commitment to fair trade practices under the existing bilateral and multilateral frameworks.
Taiwan Defence Minister Wellington Koo on Thursday says the next arms sale package from the United States is on...
Foreign ministers from the world's leading Western democracies meet in France this week against the backdro...
Iran is reviewing a U.S. proposal to end the war in the Gulf but has no intention of holding talks to ...
Iran is not seeking war but will only accept a settlement that ensures a permanent end to the conflict, Foreign Minister Abbas Araghchi...
Both the United States and Iran are giving conflicting messages about trying to end the conflict in the Middle East as the rest of the world battle...
Taiwan Defence Minister Wellington Koo on Thursday says the next arms sale package from the United States is on track after the government received a letter of guarantee from Washington, even as the U.S. and Chinese leaders prepare to meet in May.
Foreign ministers from the world's leading Western democracies meet in France this week against the backdrop of wars in Iran and Ukraine, economic uncertainty, and mounting unease over an increasingly unpredictable U.S. foreign policy.
Iran is reviewing a U.S. proposal to end the war in the Gulf but has no intention of holding talks to wind down the widening Middle East conflict, the country's foreign minister said on Wednesday
Iran is not seeking war but will only accept a settlement that ensures a permanent end to the conflict, Foreign Minister Abbas Araghchi has said, as tensions between Iran, Israel and the United States continue to fuel fears of a wider regional escalation - latest on the Middle East conflict.
Both the United States and Iran are giving conflicting messages about trying to end the conflict in the Middle East as the rest of the world battle with the consequences of the war. Welcome to AnewZ's coverage of the tensions in the Middle East.
Afghan authorities say Pakistani jets entered northern Afghanistan, while Pakistan insists its actions target terrorism, highlighting continued strain after a temporary Eid ceasefire ended.
Danish Prime Minister Mette Frederiksen resigned on Wednesday after her coalition suffered a heavy election defeat, triggering negotiations over who will form the next government.
Iran launched multiple waves of missiles at Israel, the Israeli military said, after U.S. President Donald Trump postponed a threat to bomb the Islamic Republic's power grid because of what he described as productive talks with Iranian officials.
The Iranian Foreign Minister Abbas Araghchi has stated Tehran’s stand on the latest developments in the Israel and the United States war in Iran following U.S. President Donald Trump’s announcement to postpone bombing the country's energy infrastructure.
Taiwan Defence Minister Wellington Koo on Thursday says the next arms sale package from the United States is on track after the government received a letter of guarantee from Washington, even as the U.S. and Chinese leaders prepare to meet in May.
Foreign ministers from the world's leading Western democracies meet in France this week against the backdrop of wars in Iran and Ukraine, economic uncertainty, and mounting unease over an increasingly unpredictable U.S. foreign policy.
A Los Angeles jury has found Alphabet’s Google and Meta liable for $3 million in damages in a landmark social media addiction lawsuit, a decision that could shape thousands of similar cases.
Spanish Prime Minister Pedro Sánchez has said it is unfair for people around the world to shoulder the cost of U.S.–Israeli attacks on Iran, warning that Spanish firms have already lost €100 billion ($116 billion) in less than a month as a result of the conflict.
Marine Le Pen, leader of France’s far-right National Rally (RN), said on Wednesday that the U.S. had “clearly made a mistake” in launching strikes on Iran, arguing Washington misjudged the resilience of the Iranian regime.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment