Semiconductor industry unlikely to be severely affected by revised tariffs, says Anwar

PUTRAJAYA: The country's semiconductor industry is unlikely to be severely affected by the revised tariffs announced by the United States, says Datuk Seri Anwar Ibrahim.

The Prime Minister said that Malaysia was grateful to secure a 19% tariff rate in recent negotiations, a relatively favourable outcome compared to other neighbouring countries, adding that it could possibly be due to the country's success in helping resolve the Thailand-Cambodia conflict.