Malaysia-US trade talks started ‘well enough,’ official says
Yahoo - SG·2025-04-26 12:03
By Katia Dmitrieva
(Bloomberg) – Malaysia’s initial meeting with US officials on tariffs went well but it’s only the first step toward forging a trade agreement, according to a top economic official from the Southeast Asian nation.
“The good thing is we had our first conversation, the good thing is the conversation was received well enough,” said Second Finance Minister Amir Hamzah Azizan during an event in Washington Friday.
The talks with US officials, including Commerce Secretary Howard Lutnick, focused on framing the way forward and “reiterate clarity on what’s at stake,” he said. The conversations are ongoing and Amir said he’s “hopeful” that the two parties can reach a resolution.
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Malaysia is seeking to avoid 24% tariffs that President Donald Trump announced earlier this month, before pausing them for 90 days. The country is among several talking to White House officials to avoid punishing levies, including neighbouring Vietnam and Thailand, which have offered to purchase jets and agricultural products.
Trump said he’s looking to wrap up trade deals in the next three to four weeks, according to a New York Times interview, a faster track than earlier expected.
Malaysia is coordinating with other members of the Asean bloc on messaging and information sharing, Amir said, adding that there’s increased scope for trade and investment across the region. He also flagged that protectionist measures threaten supply chains.
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Wong Tuck Seng 26/04/2025
They are now afraid, after XJP visited the country. Anwar stated clearly that the country is fully behind China. Who will come out top and unscathed at the end of this trade war?
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Sk Sky 26/04/2025
Actually nobody or any country wanted to talk to USA about this tariff matters. You Trump people's all telling lies only.
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borbijaq 26/04/2025
looks like a WWE wrestler(Ax N Smash)🤣🤣🤣🤣🤣🤣🤣🤣🤣
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banban 30/04/2025
Singapore is our country and our home. We want the best for everyone, young and old, regardless of race,
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