US revises tariff rate to 19%

By ARFA YUNUS, RAGANANTHINI VETHASALAM and GERARD GIMINO

Nation
Saturday, 02 Aug 2025

However, nation must urgently diversify its export destinations

PETALING JAYA: Malaysia’s revised tariff rate of 19% on exports to the United States offers a temporary competitive edge in the region but underscores the urgency for export diversification amid signs of growing US protectionism, economists warn.

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Tags / Keywords: Malaysia , export diversification , US tariffs , competitive edge , protectionism , regional competitiveness , solar panels , economic implications , emerging markets , policy response

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