US tariff does not significantly disrupt palm oil export commodity prices


TAWAU: The new tariff rates proposed by the United States for 90 countries, including Malaysia, on April 2 are not expected to significantly impact the prices of the country’s export commodities, especially palm oil.

Deputy Minister of Plantation and Commodities Datuk Chan Foong Hin said that this is because the US only imports about one per cent of Malaysia’s palm oil commodities.

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