Miti appoints its deputy sec-gen as chief negotiator for US tariff talks

Malaysia will appoint a deputy secretary-general from the Investment, Trade and Industry Ministry as its chief negotiator for upcoming trade talks with the United States, announced Minister Tengku Zafrul Abdul Aziz. Following productive discussions with US officials, including Commerce Secretary Howard Lutnick, both nations agreed to negotiate rather than impose retaliatory tariffs.

Deputy sec-gen

Talks, set to begin after signing a non-disclosure agreement, will focus on reducing tariffs, easing non-tariff barriers (especially in agriculture), addressing the US$25 billion trade surplus, and enhancing economic security, particularly in semiconductors and intellectual property. Malaysia’s role in global supply chains was acknowledged, aiming for a win-win solution.

Malaysia’s Efforts to Avert Tariffs: Malaysia is proactively engaging the US through high-level dialogues, led by Tengku Zafrul, to negotiate tariff reductions and address non-tariff barriers. By leveraging its ASEAN chairmanship and diversified trade networks, Malaysia seeks balanced trade terms, avoiding retaliation to maintain strong bilateral economic ties.

More Business News

Table of Contents

Latest News Malaysia

Read More News on Business News Malaysia

Read More News #latestmalaysia

BIZ NEWS CODE Business News Malaysia

Read More News on Business News Malaysia

kazimahmood

Recent Posts

Malaysia Reviewing Petroleum Reserves to Strengthen Energy Security

Malaysia is reviewing its petroleum reserves to enhance energy security and address global supply uncertainties…

6 hours ago

Democrats Gain Narrow Edge Over Republicans Ahead of US Midterm Elections

A new Washington Post-Ipsos poll shows Democrats leading Republicans ahead of the 2026 US midterms,…

7 hours ago

Former Bank Analyst Jailed Over Fake Investment Adviser Claims

A former bank analyst has been sentenced to jail after falsely presenting himself as a…

13 hours ago

Budget 2027 to Be Tabled Early October With Focus on People’s Welfare

Budget 2027 will prioritize economic growth, rakyat welfare, and sustainability, addressing current challenges while ensuring…

15 hours ago

WellCall Holdings – Improved momentum

WellCall Holdings may rise if RM1.19 resistance is breached, otherwise selling pressure could increase.

1 day ago

Feytech Holdings – Poised for breakout from downtrend

FEYTECH shows potential for a price increase if it breaks RM0.245 resistance, but risks decline…

1 day ago

This website uses cookies.