Govt urged to intervene as new US tariff brings jitters for businesses


Trying times: The tariff would significantly impact manufactures like those in Bayan Lepas, Penang. — CHAN BOON KAI/The Star

JOHOR BARU: The 25% tariff imposed by the United States on Malaysia has sent jitters through the manufacturing sector, with many warning of cancelled orders and a potential wave of business closures.

The furniture industry, for one, fears losing business to Vietnam, which faces a 20% tariff, while some other industries are even thinking of relocating.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Kedah MP arrested over alleged corruption in state-owned cattle project
Hajiji pays last respects to Bung Moktar
Sabah has lost a golden son , says former Chief Justice
Albert Tei rubbishes speculation on Dr M meet-up
Flood numbers drop in Perak, Perlis, up slightly in Selangor
Bung Moktar to be laid to rest at Kg Likas Muslim Cemetery after Friday prayers
Shamsul Iskandar, Albert Tei claim trial to RM64,924 bribery charges
Anwar conveys condolences to Bung Moktar’s family
Sabah mourns loss of fearless, outspoken Bung Moktar
Marine police seize smuggled diesel worth over RM230,000 in Sarawak

Others Also Read