Shifting US tariff rates disrupting export planning


Uncertain situation: A cargo ship is seen docked at Port Klang with rows of shipping containers stacked on deck. With the United States’ global tariff rate constantly shifting, local exporters say they are very much in the dark on latest developments involving its tariff policy. — YAP CHEE HONG/The Star

PETALING JAYA: With the United States’ global tariff rate constantly shifting, local exporters say they are very much in the dark on latest developments involving its tariff policy.

Industry leaders say the uncertainty, mainly over whether the new 15% tariff will replace the earlier 19% reciprocal rate or be imposed on top of it, made it difficult for manufacturers to plan production and export strategies.

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