PETALING JAYA: The proposed 1:1 domestic-to-import chip policy by the United States is expected to create indirect or second-order effects that will be harder to quantify, such as weaker end-demand.
Hong Leong Investment Bank (HLIB) Research said it expects limited direct tariff impact on Malaysian tech companies, reflecting their low US sales exposure and potential exemptions secured by major US customers (for example, Apple Inc).
