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US reduces tariffs on Malaysian exports from 25% to 19%, boosting Malaysia's economy.
Malaysia secured a reduction of US tariffs on its exports from 25% to 19%, seen as a positive move for its economy.
The Ministry of Investment, Trade, and Industry (MITI) will work with other agencies to manage the tariff impact and support industrial reform.
The US is Malaysia's largest export destination, valued at $46.58 billion in 2024.
The reduction aligns Malaysia with other Southeast Asian economies and is expected to benefit small and medium enterprises and key sectors like manufacturing and construction.
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EE.UU. reduce los aranceles sobre las exportaciones de Malasia del 25% al 19%, impulsando la economía de Malasia.