Moderate export growth likely this year


KUALA LUMPUR: Malaysia’s exports will likely grow at a slower pace of 4% this year versus an estimated 5.1% in 2024 on the back of higher tariffs that are yet to be implemented by US President-elect Donald Trump.

Socio-Economic Research Centre (SERC) executive director Lee Heng Guie said despite US imports rising between 2018 and 2022, the tariffs that have not been announced yet could hit export volumes this year.

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