US EditionUS Tariff Reduction Positive For Malaysia’s Export Sector
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US Tariff Reduction Positive For Malaysia’s Export Sector
GEORGE TOWN, Aug 1 (Bernama) — The United States’ (US) decision to reduce the tariff rate from 25 per cent to 19 per cent is a positive development for Malaysia’s export sector, particularly in Penang, which is active in industries such as electrical and electronics (E&E), manufacturing, and medical devices. Chief Minister Chow Kon Yeow said the move places Malaysia on par with other ASEAN countries, helping to create a level playing field in r…
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