US EditionCabinet to Be Briefed on US Tariffs Issue on Friday, Says Anwar
4 Articles
4 Articles
The biggest victim of Trump's 15% global tariffs is the UK. The UK's tariff rate, which was previously 10%, will rise to 15%, the largest among major trading partners. The cost of importing goods from the US is expected to increase by up to 6 trillion won. China and Germany, which are in conflict with the US, are likely to benefit. US President Donald Trump is replacing the reciprocal tariffs that were ruled unlawful by the Supreme Court.
Malaysian gov't to review US court ruling on Trump tariffs - US president imposes temp global duty of 15%
Malaysian prime minister Datuk Seri Anwar Ibrahim has said the ministry of investment, trade and industry (MITI) is reviewing the United States Supreme Court’s recent decision to strike down US president Donald Trump’s sweeping tariffs imposed under the International Emergency Economic Powers Act (IEEPA), reports NST. He added that MITI is currently in discussions with both Washington and ASEAN partners to determine the next course of action. “R…
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