Malaysia optimistic of deal to lower US tariffs before deadline


Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz - Photo: Bernama

Malaysia is optimistic it can reach a deal with the US to lower tariffs ahead of the Aug. 1 deadline for trade talks after President Donald Trump threatened to impose a steeper levy on the Southeast Asian country, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Talks have been challenging though discussions have been done "in a very respectful manner,” Zafrul said in an interview with Bloomberg TV’s Haslinda Amin.

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