Kuala Lumpur, April 4, 2025 (AFP) - Malaysia reviews 2025 growth forecast after new US tariff

NAMPA / AFP

2025-04-04

Malaysia said on Friday it was reviewing its 2025 growth forecast after being hit by President Donald Trump's tariffs on trade partners but refuted his claim that it imposed a 47 percent levy on US imports. Southeast Asia's third-largest economy, Malaysia was hit with a 24 percent tariff on its exports to the United States, much less than larger regional economies such as Vietnam. However, the Ministry of Investment, Trade and Industry (MITI) in......

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