Trade
Malaysia Refutes US Claim on Tariffs, Doesn’t Expect Recession
- Government is still assessing the impact of the tariffs
- Broader implications to be discussed in an Asean meeting
The government will strengthen the country’s supply chain and diversify trade and investment interests as part of measures to mitigate the impact.
Photographer: Richard Humphries/BloombergThis article is for subscribers only.
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Malaysia denied a US claim that it imposes a tariff of 47% on American imports and said it will continue to engage with Washington to find a fair solution to trade issues.