US Tariffs Could Cut Malaysia's GDP by up to 1.2pct, Says Zafrul

US tariffs could cut Malaysia's GDP by up to 1.2pct, says Zafrul

KUALA LUMPUR: The United States tariffs are expected to reduce Malaysia’s gross domestic product by 0.6 to 1.2 per cent compared with earlier projections.

Malaysia’s growth could slow by up to 1.2 percentage points due to US tariffs: trade ministry

Malaysia’s economic growth is projected to slow by approximately 0.6 to 1.2 percentage points this year due to US tariffs, the country’s trade ministry said, citing preliminary analysis of their impact.

Malaysia refused to change racist policy in US tariff negotiations

KUALA LUMPUR, Aug 18 — Malaysia faces a 19 per cent tariffs from the United States since it refuses to cross the “red lines” in its negotiations with Washington, Minister of Investment, Trade and Industry Datuk Seri Tengku Zafrul Abd Aziz has said. Speaking in an interview with US-based CNBC’s “Squawk Box Asia”, Tengku Zafrul said that Malaysia will however not retaliate since the US is too important as an investor and export destination for Ma…

US tariff may cut 2025 GDP growth by up to 1.2 points, says Tengku Zafrul

GDP growth in 2026 is also expected to ease slightly, as the effects of the reciprocal tariff continue to be felt throughout the year.