Malaysia to chair special Asean meeting on Thursday as US tariffs rattle region
Member states have also initiated internal discussions to align on their positions
Add BT as a preferred source
[KUALA LUMPUR & JAKARTA] Malaysia will chair a special Asean Economic Ministers’ meeting on Thursday (Apr 10) to address the impact of newly imposed US tariffs on regional trade and investment, and to coordinate a collective response, said its Minister of Investment, Trade and Industry Tengku Zafrul Aziz on Monday.
The move follows US President Donald Trump’s announcement on Apr 2 of reciprocal tariffs, including a 24 per cent levy on Malaysian goods.
Malaysia’s Ministry of Investment, Trade and Industry (Miti) has set up a task force to assess the fallout and gather feedback from stakeholders in both the public and private sectors.
TRENDING NOW
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
