00:01Malaysian Investment Development Authority Chairman, the Kuzafrul Aziz,
00:05has rebuked ex-Minister Rafizi Ramli for claiming that Malaysia
00:09would be subject to almost double the tariff rate imposed
00:12following a recent US Supreme Court decision.
00:16In a Facebook post, the former Investment Trade and Industry Minister
00:20accused Rafizi of distorting the facts, adding that it is exhausting to keep responding.
00:26He said that when the US Supreme Court struck down the tariffs imposed
00:30by Donald Trump's administration, it meant that the 19% imposed on Malaysia
00:35no longer applied.
00:37He was responding to Rafizi's recent claims that Malaysia would have to pay
00:41almost double the previously imposed tariff following the US court decision
00:46attributing this to the rush to sign the Reciprocal Trade Agreement or ART
00:51with the superpower.
00:52Trump on Friday had vowed to impose a 10% tariff on all imports into the US
00:58after the Supreme Court handed him a stinging rebuke
01:02by striking down his signature economic policy.
01:06Rafizi said that if anyone should be probed by the Malaysian Anti-Corruption Commission
01:10for rushing into important agreements, it should be Tengku Zafrul
01:14and Prime Minister Anwar Ibrahim with regards to the US trade deal.
01:19MACC is investigating an agreement between the government and a foreign firm
01:24estimated to be worth RM1.1 billion, which was allegedly concluded hastily
01:30and in a manner that did not favour the government.
01:33I'm Nungaria FMT.
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