PETALING JAYA: Chin Well Holdings Bhd
has clarified that the 24% and 46% reciprocal tariffs on Malaysia and Vietnam, respectively, will not apply to the import into the US of the group's manufactured fastener and wire products.
In a filing with Bursa Malaysia, the company nevertheless said its fasteners and wire products imported to the US will be taxed at 25% under Section 232 of the Trade Expansion Act 1962 announced on 26 March 2025.
