00:00A labor group fears that tens of thousands of Malaysian workers could end up losing their
00:07jobs following the U.S.'s decision to impose a 24% reciprocal tariff on Malaysian imports.
00:14The Labor Solidarity and Learning Resources Association said Malaysia has seen an influx
00:19of investments and new manufacturing plants being set up following the U.S.-China trade
00:25war and as part of de-risking from geopolitical tension.
00:29LLRC Secretary-General N Gopal Kishnam said this had created better job opportunities
00:35for workers and brought new technology to Malaysia.
00:38However, he said the new tariff could force the same manufacturing companies to decide
00:43to relocate their operations away from Malaysia, leading to factory closures and widespread
00:49job losses.
00:50Gopal urged Putrajaya to reduce its dependence on foreign direct investments and to fall
00:55back on domestic demand instead.
00:58He suggested offering incentives for local industrialists to invest in the Malaysian
01:02manufacturing field and other sectors in order to generate more jobs domestically.
01:08He also urged the U.S. government to reconsider its tariff policy and seek a win-win solution
01:13with the affected countries, saying a trade war would only result in losses for all parties.
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