The Cabinet will discuss the new policy introduced by US President Donald Trump, which may impact Malaysia’s economy due to proposed tariffs on imported goods. Foreign Minister Datuk Seri Mohamad Hasan stated that Malaysia, a key exporter of electrical and electronic goods to the US, could be affected by these tariffs.
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Malaysia to Discuss Trump’s New Tariff Impact in Cabinet Meeting
The government is monitoring developments and will present them to the Cabinet. Trump announced a 10% tariff on Chinese imports and a 25% duty on imports from Canada and Mexico. Separately, Malaysia hopes for a permanent ceasefire in Gaza and is working with Japan to gather financial resources for Gaza’s reconstruction.
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