MalayMail-Apr 3

Malaysia will face a 24 per cent tariff on goods entering the United States beginning April 9, as Washington rolls out sweeping new import duties on its trading partners. The US government has introduced a broad-based reciprocal tariff policy, with duties ranging from 10 to 50 per cent. Malaysia’s neighboring economies are also affected, with Vietnam to face a 46 per cent rate, Cambodia 49 per cent, Thailand 37 per cent, Indonesia 32 per cent, and the Philippines 18 per cent. Singapore was spared from the higher tier and will remain at the base rate, while China will see a 34 per cent reciprocal tariff. According to US President Donald Trump, the move is part of a wider effort to address structural trade imbalances, which he said had hollowed out the country’s manufacturing sector and undermined national security. The tariffs are expected to remain in place until the US determines that trade terms have become more reciprocal.

https://www.malaymail.com/news/malaysia/2025/04/03/trump-announces-tariffs-on-all-countries-including-malaysia-at-24pc/171703