Govt mulls special package for businesses after US-Malaysia negotiations


Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz — Reuters

KUALA LUMPUR: The Investment, Trade and Industry Ministry (MITI) will consider introducing a special incentive package for businesses affected by United States (US) tariff after assessing its impact, in addition to evaluating its effect on the country’s fiscal position.

Its Minister Tengku Datuk Zafrul Abdul Aziz said the government will focus on reciprocal negotiations with the US starting today, with the main objective of ensuring that no tariffs are imposed on the country, particularly in key sectors.

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