Malaysia’s Export Growth Slows as Trade with US Declines

Malaysia’s exports grew slower than expected in November, as higher tariffs weighed on the Southeast Asian nation’s trade with the US.

Exports rose 7% in November from a year earlier, according to the Department of Statistics Malaysia, lower than the 11.6% median estimate in a Bloomberg survey. Shipments to the US, one of Malaysia’s largest trading partners, fell 0.9%, marking a second straight month of declines.