Malaysia says Asean plans US summit to discuss tariff concerns
Asean plans to hold a special summit to present the region’s case to the US government
ASEAN plans to hold a summit with the United States, so its member countries can present their views on planned US tariffs, Malaysia’s Foreign Minister said on Thursday(Feb 20).
US President Donald Trump has said he will impose tariffs of around 25 per cent on automotive, semiconductor and pharmaceutical imports.
Foreign Minister Mohamad Hasan told Parliament that such tariffs would be a challenge for Malaysia as electrical and electronics products make up 60 per cent of its trade with the United States.
“This is a huge blow if we can’t get this resolved soon,” he said, adding that Asean planned to hold a special summit to present the region’s case to the US government.
“We need to confer on how to provide the views from Asean countries to ensure the proposed tariff does not burden us.”
Malaysia is the chair of the Association of South-east Asian Nations in 2025.
According to the Office of the United States Trade Representative, US goods trade with Malaysia was estimated at US$80.2 billion in 2024, and the US goods trade deficit with Malaysia stood at US$24.8 billion last year. REUTERS
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