Prime Minister Datuk Seri Anwar Ibrahim said that Malaysia welcomes the 90-day pause on tariffs announced by United States President Donald Trump.
Speaking to reporters at a Hari Raya Aidilfitri open house on Thursday (April 10), he said that the pause is a good relief for Malaysian economy.
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Speaking to reporters at a Hari Raya Aidilfitri open house on Thursday (April 10), he said that the pause is a good relief for Malaysian economy.
Read more at https://tinyurl.com/3auce5ya
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
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NewsTranscript
00:00Prime Minister Datuk Seri Anwar Ibrahim said that Malaysia welcomes the 90-day pause on tariffs
00:11announced by United States President Donald Trump. Speaking to reporters at a Hari Raya
00:16Aidilfitri Open House on Thursday, he said that the pause is a good relief for the Malaysian economy.
00:30On Wednesday, Trump announced the pausing planned tariff hikes on most countries for 90 days,
00:40a move aimed at calming jittery markets after a period of volatility. However, he intensified
00:47tariffs on China, raising them to 125 percent, citing Beijing's lack of respect in trade dealings.
00:54Trump said he had been monitoring market reactions and bond performance
00:58and decided to delay the tariff increases. However, he reaffirmed his intent to secure
01:04trade deals with all countries, including China. Earlier, on April 3, Trump had announced a baseline
01:1110 percent tariff on all countries with higher duties for specific nations. Malaysia was among
01:17the countries affected, facing a 24 percent tariff on its exports to the United States.
01:28China reached about 18 to 15 percent, the United States. JOE RUSSIA REACIONAL
01:34He released a 15 percent tariff on TENS Зем andúcar.結果, he sent a 30 percent tariff on
01:40there as a 15 percent tariff on October 4, 2020. He sent a 30 percent tariff on the
01:43truck at $20,000 for this tariff on the line and said, he had a 30 percent tariff on the
01:48상을 last fixed. He tested his Screwta. He did not know whether he was a good
01:52So he did at the other hand and said, he was really well driven. He did not know what he began, but he
01:52was really interested in that. He was really using his mind. I just saw a lot of food. He was able to say, but i was absolutely