The Business Times
business-time-50
Asean Business logo
SPONSORED BYUOB logo

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

Summarise
google-preferred-sourceAdd BT as a preferred source
Elisa Valenta
Tan Ai Leng

Elisa Valenta &

Tan Ai Leng

Published Mon, Apr 7, 2025 · 06:36 PM
    • Member states of the regional bloc are said to be pursuing amendments to their trade agreement with the US in response to the recently implemented tariffs.
    • Member states of the regional bloc are said to be pursuing amendments to their trade agreement with the US in response to the recently implemented tariffs. PHOTO: EPA-EFE

    [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.

    Trump tariffsMalaysiaIndonesiaAseanAsean Business

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    Allowing some older malls to evolve organically could help Orchard Road retain diversity, says one observer.

    Room for more offices, homes and green spaces to make Orchard Road more vibrant

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    The amendments "aim to protect the competitive process of takeover and merger transactions", says SIC.

    MAS revises takeover and merger code to enhance competition and disclosures

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More