AI Summary
The US will impose a 25% tariff on all Malaysian exports starting August 1, 2025, citing a significant trade deficit. President Trump's letter to Prime Minister Anwar Ibrahim, shared on Truth Social, stated that Malaysia's trade practices contribute to the imbalance. Goods transshipped through Malaysia to avoid tariffs will also be affected. However, Malaysian businesses relocating to the US will be fast-tracked. Malaysia's MITI will engage with the US to mitigate the impact and seek a mutually beneficial solution.
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