As ASEAN chair, Malaysia will prioritize strengthening regional economic ties amid sweeping US tariffs on member nations. Finance Minister II Datuk Amir Hamzah Azizan emphasized engaging Washington to reduce tariffs, avoiding retaliation, and fostering dialogue.
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Malaysia Leads ASEAN in Tackling US Tariffs Through Dialogue
ASEAN aims to boost intra-regional trade to build resilience against global trade challenges. Indo-Chinese nations face the highest tariffs, with Cambodia at 49%, Laos at 48%, and Vietnam at 46%. Amir Hamzah highlighted ASEAN’s commitment to inclusivity and calm decision-making.
Malaysia remains steadfast in supporting free trade, seeking amicable solutions through discussions at the upcoming ASEAN Finance Ministers’ and Central Bank Governors’ Meeting.
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