Malaysia Seeks 20% Trump Levy But Resists US Demands on EVs, Foreign Ownership

Malaysia Seeks 20% Trump Levy But Resists US Demands on EVs, Foreign Ownership

Malaysia’s government is seeking to lower US tariffs threatened by President Donald Trump to about 20%, but is reluctant to meet certain demands around electric vehicles and foreign ownership, according to people familiar with the matter.

Experts: 13MP to boost Malaysia’s competitiveness through high-value manufacturing

KUALA LUMPUR, July 22 — The 13th Malaysia Plan (13MP) is expected to enhance Malaysia’s competitiveness by promoting high-value manufacturing through business and investor-friendly policies, say economists. Putra Business School Assoc Prof Ahmed Razman Abdul Latiff said the 13MP, which serves as an indicative plan from 2026 to 2030, will help stimulate both domestic and foreign investments through policy reforms and incentives. “The 13MP can pos…