Malaysia and the US have made significant progress in tariff-related trade negotiations, aiming to finalize an agreement before the 90-day tariff pause expires. Malaysia's exports to the US, a top trading partner, have seen consistent growth, particularly in sectors like E&E and semiconductors. These negotiations aim to secure supply chains, benefit Malaysian businesses (especially SMEs), create jobs, and strengthen Malaysia's position as a preferred investment destination, aligning with its high-tech, high-income nation goals.
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