New US trade deal could ease tariff tensions, say economists


PETALING JAYA: With the United States’ 24% reciprocal tariffs against Malaysia on the horizon, some economists say negotiating a Free Trade Agreement (FTA) between the two countries could be the next step forward.

Tunku Abdul Rahman University of Management and Technology’s Centre for Business and Policy Research chairperson Dr Foo Lee Peng said an FTA with the United States would be an opportunity to deepen bilateral economic ties while also easing any political tensions.

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