00:00Prime Minister Anwar Ibrahim will chair a special meeting this evening involving top
00:06government officials to discuss the 24% tariff imposed by the U.S. on Malaysia, effective
00:12April 9th.
00:13Anwar acknowledged that Malaysia would be affected by the U.S.'s reciprocal tariff,
00:19but pointed out that the rate was lower than that imposed on most of Malaysia's neighboring
00:23countries.
00:54Prime Minister Tengku Zafrul Aziz also reached out to Malaysia's regional partners and would
00:59attend a meeting of ASEAN trade ministers next Thursday to coordinate the response.
01:04On whether Malaysia would impose countermeasures against the U.S., Anwar said the government
01:32was carefully assessing its options.
01:35He said that what matters is not retaliation, but ensuring the strength of the Malaysian
01:39economy, especially in the semiconductor sector, which accounts for 60% to 65% of Malaysian
01:46exports to the U.S.
01:48Natasha Bust, FMT
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