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M'sia won't strike a trade deal just for the sake of it, Tengku Zafrul says
Free Malaysia Today
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6 months ago
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He says Malaysia will only accept a trade deal with the US if it brings long-term benefits and respects national interests.
Read More:
https://www.freemalaysiatoday.com/category/nation/2025/07/09/msia-wont-strike-a-trade-deal-just-for-the-sake-of-it-tengku-zafrul-says
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/07/09/malaysia-tak-akan-setuju-hanya-untuk-meterai-perjanjian-kata-tengku-zafrul
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
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Transcript
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00:01
Malaysia will not accept a trade deal with the U.S. for the sake of it,
00:05
and any agreement must ultimately benefit the country.
00:08
This is what Investment, Trade and Industry Minister Tengku Zafrul Aziz said today
00:13
after U.S. President Daul Trump announced that a 25% tariff would be imposed on Malaysian imports starting August 1.
00:20
We don't want to reach a deal for the sake of reaching a deal.
00:24
If we can reach a deal that benefits Malaysia,
00:27
benefit Malaysia, then yes.
00:30
But if the deal does not benefit Malaysia, we should not have a deal.
00:34
We have to be firm on that.
00:36
Between now and 1st of August, we will continue to engage the U.S. Trade Representative
00:41
and the Secretary of Commerce through the Department of Commerce
00:44
and their officials on the outstanding matters.
00:47
He said any tariff reduction must be matched with a careful analysis
00:51
of what Malaysia would be giving in return,
00:53
and that trade-offs must be factored in.
00:56
As I said, it's a negotiation.
00:58
When we reduce the tariff, we need to see the impact
01:01
of the request they want.
01:02
They won't reduce tariff without us giving in on certain things.
01:05
So we need to have a balance that we give in to some of the requests.
01:09
Will that have an impact to Malaysia?
01:11
If it's negative, then we have to see no.
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