PETALING JAYA: Malaysia is not looking at retaliatory tariffs against the United States after it was hit with a 10% tariff hike and reciprocal tariff by President Donald Trump’s administration, says the Investment, Trade and Industry Ministry (Miti).
In an immediate reaction to the announcement on Thursday (April 3) Malaysian time, the ministry said it views the tariffs seriously and is actively engaging with US authorities to seek solutions that will uphold the spirit of free and fair trade.
