00:00The government will continue negotiations with the United States over a new 10% tariff on Malaysian goods.
00:07Prime Minister Dato' Sri Anwar Ibrahim says talks are now being led by Investment Trade and Industry Minister Dato' Sri
00:14Jari Abdul Ghani following earlier negotiations by his predecessor.
00:42Malaysia was placed in the lowest tariff ban of 10% compared to 12.5% imposed on most other
00:50economies.
00:50The US cited Malaysia's failure to effectively enforce a ban on imports linked to forced labour.
00:58The new US tariffs have drawn strong reaction from trading partners.
01:03Brazil rejected the new duties, calling them arbitrary and not supported by a proper legal basis.
01:09The government said it would begin procedures under its reciprocity law and challenge the tariffs through the World Trade Organization.
01:16Australia also rejected the latest US tariffs.
01:19Trade Minister Don Farrell described the measures as completely unjustified and urged Washington to remove all duties on Australian goods.
01:28Meanwhile, Singapore said there was no economic justification for US to impose tariffs on the city-state.
01:34Foreign Minister Vivian Belakrishnan said Singapore had made it clear to US Secretary of State Marco Rubio that there was
01:41no economic basis for tariffs,
01:43noting that the United States already runs a trade surplus with Singapore.
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