US tariff won't trigger recession but may slow down growth, says Zafrul


-filepic

OSAKA: Countries hit by US tariffs face slower growth, though not necessarily fall into a recession, says Tengku Datuk Seri Zafrul Abdul Aziz.

The Investment and Trade Minister said Malaysia remained competitive compared to regional peers, with average tariff levels not far off from countries like Taiwan.

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

Next In Nation

Police issue 128 campaign permits for Kinabatangan, Lamag by-elections
Kelantan JPJ to conduct random checks on 'RXZ Forever Legend' participants
Rubber tapper escapes gallows, sent to jail for double murder
Sarawak-owned AirBorneo setting up flights to Peninsula in 2026, South-East Asia routes in 2027
Singapore to set up consulates in Sarawak, Sabah
MACC confirms it is investigating alleged RM2.5bil money laundering scheme
National service intake to hit 100,000 recruits yearly with use of universities
Dog freed after hours with head stuck in tyre rim
Heed the King's decrees, says Anwar
Housing reforms, curbing urban poverty among ministry's priorities in 2026, says Nga

Others Also Read