US tariff reduction a significant move for Malaysian industry, says FMM


KUALA LUMPUR: A national business group has called the decision by the United States to reduce tariffs on Malaysian imports from 25% to 19% a “modest but significant” one for local industry.

Federation of Malaysian Manufacturing (FMM) president Tan Sri Soh Thian Lai lauded the move as a timely and strategic one, particularly in the current global trade environment.

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