US agrees to hold formal talks with Malaysia on tariffs

Free Malaysia Today

A deputy secretary-general of the investment, trade and industry ministry will be appointed to lead negotiations.  Read More: https://www.freemalaysiatoday.com/category/nation/2025/04/29/us-agrees-to-hold-formal-talks-with-malaysia-on-tariffs  Laporan Lanjut: https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/04/29/as-setuju-mula-rundingan-rasmi-berhubung-tarif  Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #TengkuZafrulAziz #DonaldTrump #Negotiation

Transcript

00:00The U.S. has agreed to commence formal negotiations with Malaysia on the 24% tariff rate set to be

00:07imposed on Malaysian imports, says Investment, Trade and Industry Minister Tengku Zafrul Aziz.

00:14Tengku Zafrul said talks will focus on three specific areas, namely reducing the 24% rate,

00:20non-tariff trade barriers, and trade imbalance between the two nations.

00:24He added that the Deputy Secretary General will lead talks with the U.S.,

00:28which has named an assistant trade representative as its chief negotiator, Bernama reported.

00:35Currently, a 24% tariff on most Malaysian goods, part of a broader tariff policy affecting about 60 countries,

00:41has been suspended for 90 days to facilitate trade negotiations.

00:46Meanwhile, Tengku Zafrul led a delegation to Washington to discuss the tariffs from April 23rd to 27th.

00:53The Wall Street Journal had reported that U.S. President Donald Trump was seeking to use tariff talks

00:58with affected countries to push them to curb trade with China and rein in Beijing's manufacturing dominance.

01:05In return, these nations could secure reductions in U.S. levies and trade barriers.

01:11However, China issued a stark warning to countries against striking a trade deal with the U.S. at its expense,

01:18ratcheting up the trade war between the world's two biggest economies.

01:22Naritha Raja, FMT.

01:24Naritha Raja, FMT.

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