US EditionUS Slashes Tariff on Malaysian Goods From 25% to 19%, New Rate Takes Effect Today - WORLD OF BUZZ
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4 Articles
US Tariff Reduction a Strategic Win for Malaysia, Timely Boost for SMEs
KUALA LUMPUR, 1 August 2025 — The Small and Medium Enterprises Association of Malaysia (SAMENTA) has hailed the recent decision by the United States to reduce tariffs on Malaysian exports from 25% to 19% as a strategic breakthrough, calling it a timely boost for the country’s small and medium enterprises (SMEs), particularly in key export sectors. In a statement, SAMENTA described the development as a testament to the strong leadership of Prime …
The United States announced today that it will reduce tariffs on Malaysian goods from 25% to 19%. Penang Chief Minister Chow Kon Yeow stated that this measure could help improve the country's trade competitiveness. He noted that such a measure would provide some relief to local exporters, particularly in key Penang sectors such as electrical and electronics (E&E), manufacturing, and medical devices. However, he acknowledged that the tariff reduc…
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