US EditionUS tariff hike on Malaysian goods sparks trade concerns, Port Klang sees limited impact - India Seatrade News
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US tariff hike on Malaysian goods sparks trade concerns, Port Klang sees limited impact - India Seatrade News
A steeper 19% United States tariff on Malaysian goods, compared with 10% for Singapore, could raise export costs and slow certain commodity movements through Malaysia’s trade routes, industry players warn. Port Klang Authority general manager Captain K. Subramaniam said the higher tariff may place added cost pressures on exporters and reduce trade volumes for US-bound cargo routed via Malaysia. However, he noted the overall impact on Port Klang’…
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