Malaysia faces new US risk from BRICS ties


PETALING JAYA: Malaysia may have to grapple with fresh uncertainties amid a decision by the United States to impose an additional 10% default tariff on any country seen as aligning with “the anti-American policies of BRICS.”

This development comes as the July 9 tariff deadline looms and follows the recent BRICS Summit in Brazil, which was also attended by Prime Minister Datuk Seri Anwar Ibrahim.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Tariffs , BRICS , Trump

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read