Malaysia Defends US Trade Pact Amid Sovereignty Concerns
Malaysia has defended its reciprocal trade agreement with the US, stating that the country has not surrendered its sovereignty in safeguarding the economy from harsher sanctions.
The deal, signed by Malaysian Prime Minister Anwar Ibrahim and US President Donald Trump, maintains a 19% tariff on Malaysian exports but grants exemptions for 1,711 essential products.
- Electronics
- Rubber
- Palm oil derivatives
A clause in the agreement requires Malaysia to align itself with the US on economic restrictions or sanctions against a third country.
Malaysian Prime Minister Anwar Ibrahim and US President Donald Trump signed a critical minerals deal in Kuala Lumpur on Oct 26.
Author's summary: Malaysia defends US trade pact.
More News
- DAC Companies Pivot on High Costs, Funding Cuts
- Will today’s Fed rate cut be last one until summer 2026? - Sharecafe
- While Mel Owens Hunts for Love on TV, His Ex-Wife Already Found It
- What makes a scientific breakthrough truly chemical?
- Landry's Explosive Quote That Signals Major Changes at LSU
- Mariah The Scientist Honors Young Thug With “Cater 2 U” Performance At Birthday Bash
- Missouri Department of Conservation explains importance of managed deer hunts
- The children are starving; God is screaming – Baptist News Global
- Illinois House Democrats push first-in-the-world wealth tax, streaming, concert taxes
- This ‘impressive’ AI model predicted Hurricane Melissa’s perilous growth