Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz on press conference in conjunction of the 47th ASEAN Summit and Related Summits at Kuala Lumpur Convention Centre, Kuala Lumpur. — FAIHAN GHANI/The Star
KUALA LUMPUR: The US tariff rate on Malaysia remains at 19% with exemptions given to 1,711 tariff lines, says Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz (pic).
“The exemptions are given to some of Malaysia’s key exports such as palm oil, rubber products, cocoa, aircraft components and spare parts as well as pharmaceuticals, which collectively contribute up to US$5.2bil or 12% of total exports,” he said.
