Economists believe 10% baseline US tariffs will stay

Economists believe 10% baseline US tariffs will stay

The Star Online - News·2025-05-15 08:00

PETALING JAYA: While Malaysia can take some comfort in the United States and China reaching a temporary ceasefire of sorts in the trade war by slashing sweeping tariffs on each other for 90 days, economists believe the 10% baseline US tariffs will stay.

This is despite negotiations with the United States and the implementation of reciprocal tariffs currently on ice.

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