Investment, trade and industry minister Tengku Zafrul Aziz says Malaysia does not agree with the methodology and basis used for the US tariff.
Read More:
https://www.freemalaysiatoday.com/category/nation/2025/04/07/msian-tariff-on-us-imports-only-average-5-6-not-47-says-minister/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/04/07/tarif-malaysia-ke-atas-import-as-hanya-5-6-bukan-47/
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Read More:
https://www.freemalaysiatoday.com/category/nation/2025/04/07/msian-tariff-on-us-imports-only-average-5-6-not-47-says-minister/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/04/07/tarif-malaysia-ke-atas-import-as-hanya-5-6-bukan-47/
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
Subscribe to our channel - http://bit.ly/2Qo08ry
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NewsTranscript
00:00We, the government, denies the claim that Malaysia has imposed a 47% tariff on the import of American companies to Malaysia.
00:11We do not agree with this tariff calculation and are getting clarification on the calculation.
00:19This calculation has resulted in Malaysia imposing a 24% tariff.
00:27METI has set up a task force on managing US tariffs to gather inputs and feedback from key stakeholders.
00:34The members of this task force will also be members from the private sector.
00:38This is to minimise the impact of the unilateral US action on our exports and investments.
00:45Tomorrow, METI will be meeting representatives of industries from chambers and export companies, export associations.
00:54METI will also engage all the relevant ministries and agencies, like Ministry of Finance, Ministry of Economy, Benegara.