Malaysia Poised for Success in US Tariff Negotiations

Malaysia anticipates securing optimal negotiation outcomes with the United States concerning import tariffs. The nation's focus will be on bolstering its domestic economy, stimulating trade activity, and ensuring the continued success of micro, small, and medium-sized enterprises (MSMEs). This proactive approach aims to mitigate the impact of impending US tariffs. "We cannot solely rely on the negotiation results," stated Prof. Dr. Ahmed Razman Abdul, Program Director at Putra Business School. "We must implement short-term and long-term strategies, including various collaborations between countries involved in international trade agreements." This forward-thinking strategy emphasizes proactive measures to safeguard the Malaysian economy.