Economists believe 10% baseline US tariffs will stay

On the upside: Yeah said with the two of the world’s largest economies temporarily scaling back on tariffs, Malaysia’s growth outlook has somehow brightened considerably with growth expectations for this year seeing an upward adjustment. — LIM BENG TATT/The Star

PETALING JAYA: While Malaysia can take some comfort in the United States and China reaching a temporary ceasefire of sorts in the trade war by slashing sweeping tariffs on each other for 90 days, economists believe the 10% baseline US tariffs will stay.

This is despite negotiations with the United States and the implementation of reciprocal tariffs currently on ice.