Selangor to engage experts and stakeholders over US tariff impact, says MB

The Star

The Selangor government will meet with experts and stakeholders next week to strategise on protecting the state's economic interests following the 24% tariff imposed by the United States on all Malaysian imports.  Speaking at a media conference on Monday (April 7), Mentri Besar Datuk Seri Amirudin Shari said the discussions will focus on identifying solutions to mitigate the potential impact of the tariff hike on the state's economy.  Amirudin said that as the Asean chair, Malaysia bears a responsibility to discuss the matter to safeguard the interests of neighbouring countries affected by the US’ reciprocal tariffs.    WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:00In the US, the tariff is higher than in Singapore. What is the difference between the US and Singapore?

00:30to provide opportunities for Selangor and Malaysia to get better opportunities.

00:35But as an Asian country, we also have solidarity with other countries.

00:40I believe that yesterday, President Prabowo met with the Prime Minister

00:44to discuss this matter for the good and welfare of Asian countries.

00:51As ASEAN members, I think we are also responsible

00:53to consider for our friends and colleagues in neighboring countries

00:58and other affected countries.

01:01So I saw that, but after next week,

01:05I think I will have a discussion with several experts

01:09to take steps, especially for the state government,

01:13on how to deal with the effects of the rise in rates.

01:16At least 24% will give extraordinary effects

01:20and rather severe effects to SMEs in our country.

01:26Although overall, sometimes the effects are for the impact.

01:29What impact?

01:31The impact to the American people themselves.

01:39For example, when the reciprocal tax or tariff is applied,

01:43China uses the same tariff.

01:46Some of the iPhone devices and other devices come from these countries.

01:52And this tariff will also be applied to consumers.

01:57That is the impact to the American people.

01:59But I will see overall.

02:01I am in the midst of a disaster.

02:03I can't talk about iPhones or semiconductors for a long time.

02:06But alhamdulillah, semiconductors are not used

02:09or are not included in the 24% tariff applied by the American people.

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