Malaysia's 2025 growth forecast is cut to 4% due to U.S. tariffs and export uncertainties.

Economists have lowered Malaysia's 2025 economic growth forecast to around 4% due to uncertainties over U.S. trade tariffs and a predicted slowdown in the second quarter. Despite this, Malaysia saw a 16.4% increase in exports in April, though imports grew faster at 20.4%, reducing the trade surplus to MYR 5.2 billion. RHB Bank remains cautious about the sustainability of export growth amid global uncertainties.