Malaysia is open to negotiating with the US on reducing the trade deficit, addressing non-tariff barriers, enhancing technological safeguards, and exploring a bilateral trade agreement. Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz led discussions with US officials, emphasizing Malaysia’s commitment to collaboration.
Malaysia Open to US Trade Talks on Key Economic Issues
MITI highlighted the balanced trade relationship and contributions of American companies to Malaysia’s economy. The recent 90-day pause on tariffs is seen as an opportunity for constructive engagement.
Malaysia aims to address US concerns while maintaining mutually beneficial trade flows. Discussions also focused on strengthening US-ASEAN ties, with Malaysia as ASEAN chair this year.
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