Malaysia will continue negotiations with the US on a lower tariff rate despite being the only Southeast Asian country to face an opposite outcome based on US President Donald Trump’s latest announcement.

Rubio reiterates to Anwar that Malaysia remains an important US partner and Washington is keen to boost cooperation with Asean.

Malaysia's trade ministry on Tuesday said a 25% tariff rate on its exports to the United States was not on top of an existing base tariff of 10% imposed by Washington, clarifying earlier remarks by the country's plantations and commodities minister Johari Abdul Ghani.

US Secretary of State Marco Rubio and Chinese top diplomat Wang Yi had a "positive" meeting in Malaysia on Friday, both sides said, in an apparent bid to ease tensions between the rival powers.

The country’s electronics sector may remain relatively insulated, but other industries could be forced to adapt. Read more at straitstimes.com. Read more at straitstimes.com.

Malaysia remains optimistic that further negotiations will yield a positive outcome regarding the United States tariffs set to take effect on August 1, said Datuk Seri Tengku Zafrul Abdul Aziz.

He also warned that any decision by Malaysia to raise tariffs on US goods would result in an additional 25% tariff in response. “Please understand that these tariffs are necessary to correct the ...

Trump imposes tariffs up to 40% on 14 countries, pressuring allies to shift production to the US and avoid ties with BRICS. Tensions mount globally.