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Prime Minister Datuk Seri Anwar stated that Malaysia is among the countries granted a postponement of the implementation of increased tariffs by the United States, allowing for a temporary sigh of relief.
He expressed this regarding the tariff issue today after attending the Ministry of Energy and Water Transformation's Eid open house event.
"Malaysia is one of the countries granted a postponement, allowing a temporary sigh of relief."
U.S. President Trump implemented reciprocal tariffs on multiple countries starting at midnight local time on Wednesday (9th), but announced in the afternoon that more than 75 countries had contacted the U.S. seeking negotiations and have not taken retaliatory actions. He authorized the suspension of the measure for 90 days, during which only a 10% reciprocal tariff will be implemented, effective immediately.
However, Trump also stated that tariffs on China will immediately increase to 125%.