Malaysia’s Ministry of Investment, Trade and Industry said its latest round of tariff negotiations with the United States concluded with Washington agreeing to cap duties on Malaysian exports at 19%. The ministry described the outcome as a major success that preserved the country’s key “red line” positions and was achieved through sustained bilateral engagement and a “careful, strategic” negotiating approach. Officials added that they will continue working with other ministries and agencies to limit any residual impact on exporters and to ensure national sovereignty is not compromised. In a separate statement, South Korea’s Trade Ministry said it will actively respond to recently announced U.S. copper tariffs to minimise domestic fallout, underscoring the broader regional effort to blunt the effects of Washington’s trade measures.
South Korea Trade Ministry: To actively respond to US copper tariffs to minimise domestic impact.
Malaysia's Trade Ministry announces ongoing collaboration with relevant ministries and agencies to mitigate the impact of tariffs on the country's exports.
Malaysia Trade Ministry: Will Continue Collaborating with Relevant Ministries and Agencies to Mitigate the Impact of Tariffs on Malaysia’s Exports