Trillion-ringgit question


PETALING JAYA: As Malaysia pledges to invest, including with purchases, over US$240bil in the United States to reduce its trade gap with Washington, economists and analysts generally think it is a necessary step that needs to be taken to secure a competitive tariff rate.

That being said, some experts acknowledge that the amount of capital involved means that the commitment could be a significant bill to foot, especially over the short term.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
tariffs , import , deal , investment

Next In Business News

Trump hikes US global tariff rate to 15%
The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
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
AI disruption fears rock markets
Private equity hits a sixer

Others Also Read