Malaysia aims to strengthen trade resilience as global tariff tensions rise, with ports remaining key to sustaining supply chains and export flow. — KK SHAM/The Star
PETALING JAYA: US president Donald Trump’s announcement of a 90-day pause on sweeping tariffs has provided more time for countries to negotiate.
According to news reports, more than 20 countries as well as the European Union are actively seeking to negotiate the tariffs.
Seven other nations which include Asean member countries Vietnam, Thailand, Indonesia and Cambodia have offered concessions.
US Treasury Scott Bessent reportedly said that more than 50 nations had begun negotiations with the US but did not disclose the countries involved.
On April 2, US president Donald Trump announced reciprocal tariffs for countries and territories worldwide including Malaysia, which was hit with a 24% tariff.
On April 10, Trump authorised a universal lowered reciprocal tariff of 10% for 90 days as negotiations continued, but increased tariffs on goods from China to 125%.
The following table, based on information from news reports, lists how each country is responding to the tariffs.
