Malaysia accepts US 10% tariff while pursuing talks to protect businesses
The US has set a 10% tariff on Malaysian goods under the Section 301 measure related to forced labour. The rate is unchanged from the previous temporary tariff.
The US has set a 10% tariff on Malaysian goods under the Section 301 measure related to forced labour. The rate is unchanged from the previous temporary tariff.
The move aims to prevent potential transshipment practices by certain enterprises seeking to reroute goods through Malaysia to third countries.