00:01The move by the U.S. to impose retaliatory import tariffs on several countries, including
00:06Malaysia, can strain the country's trade and investment relations with China, says
00:11Prime Minister Anwar Ibrahim.
00:13He said the high tariffs and taxes introduced by the U.S. would have direct implications
00:18for Malaysia's economy, which is heavily reliant on international trade.
00:30Anwar said that as a trading and exporting nation, Malaysia remains
00:59highly vulnerable to fluctuations in global trade policy.
01:04On April 9, U.S. President Donald Trump announced a 90-day suspension of higher tariffs on selected
01:10countries, including Malaysia.
01:13Malaysia was earlier subjected to a 24% reciprocal tariff, and while that hike has been paused,
01:18a flat 10% baseline tariff still applies to all countries except China, which remains
01:23subject to a higher rate amid escalating U.S.-China tensions.
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