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US Tariff Reduction Seen As Positive Achievement, Good Step Forward

Summary by Hipz Malaysia
GEORGE TOWN, (Bernama) — The tariff reduction for Malaysia, from 25 per cent to 19 per cent, is seen as a good step forward and comes as a positive achievement and a relief for many, said Penang Chief Minister Chow Kon Yeow. The chief minister said that small and medium enterprises (SMEs) might remain exposed in the new tariff environment, and hoped that the Ministry of Investment, Trade and Industry (MITI) would continue negotiating for better …
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Hipz Malaysia broke the news in on Sunday, August 3, 2025.
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