Carmakers, Apple to get temporary tariff exemptions
WASHINGTON: US President Donald Trump has offered car manufacturers temporary exemptions from his extensive tariffs, stating that they need more time to adjust their supply chains to produce parts in the United States, German Press Agency (dpa) reported. Trump is currently considering how to assist some manufacturers but did not provide details on Monday on […]
TEGAS focuses on digital startups, rural development amid tariff hike
KUCHING: While Malaysia faces the pressure of a 24 per cent tariff hike, Tabung Ekonomi Gagasan Anak Sarawak (TEGAS) remains committed to shielding local digital startups and strengthening rural development across Sarawak. Speaking at the TEGAS Riang Ria Aidilfitri Open House at the TEGAS Digital Village, Urban Planning, Land Administration and Environment Deputy Minister, Datuk […]
Sarawak not significantly hit by US tariffs: Premier
KUCHING: Sarawak has not been notably impacted by the imposition of tariffs on imports from the United States (US), which came into effect today (Apr 9). Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said Sarawak’s economy is not reliant on the US market. He explained that key commodities produced, such as liquefied natural […]
Audi pauses US car imports over Trump’s new 25% tariff
MUNICH: German car manufacturer Audi has temporarily halted its imports of cars to the United States in response to US President Donald Trump’s tariff policies, reported German Press Agency (dpa). Citing an internal memo to dealers, the Automobilwoche trade magazine on Monday reported that the decision applies to all cars delivered to US ports after April 2, […]
Malaysia’s ASEAN chairmanship in 2025 crucial for countering US trade tariffs
By Abdul Hamid A Rahman KUALA LUMPUR: As the United States, under President Donald Trump, moves to reshape the global trading system to its advantage, Malaysia’s role as ASEAN chair in 2025 will be critical in charting the bloc’s next stage of economic growth. Sunway University’s Jeffrey Cheah Institute on Southeast Asia head, Professor Shandre […]
Increased tariffs expected to affect Sarawak’s SMEs
KUCHING: The increase in tariffs by the United States of America (USA) on Malaysian goods is expected to have an impact on Sarawak’s trade performance, particularly small and medium enterprises (SMEs) involved in the downstream processing of commodities such as palm oil, timber and specialised manufacturing products. Sarawak Patriots Association (SPA) chairman Datuk Dr Lau […]
Trump starts tariff talks with three countries
WASHINGTON, United States (US): US President Donald Trump held talks with representatives of Vietnam, India and Israel regarding the recently imposed tariffs on imported goods, reported Sputnik/RIA Novosti quoting a CNN report. Trump is in touch with the countries’ representatives to negotiate individual trade deals that could soften the proposed tariffs before next week’s deadline, […]
Sarawak draws international recognition despite tariff issues
SIBU: Sarawak’s development direction continues to draw international attention despite the looming challenge of tariff policy issues, said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. He said Sarawak was recently approached by the Bank of America to share its development strategies and renewable energy initiatives with Fortune 500 companies in the United States […]
Biting US tariffs and opportunities for ASEAN
LET’S not sugarcoat it – the U.S. is throwing its weight around; other countries are paying the price. Including ours. Under “reciprocal tariffs”, Washington has rearmed its trade policy. But let’s be honest: it’s less about fairness and more about flexing economic muscle. In doing so, not only is Washington risking its own economic influence, […]
USA tariff increase expected to impact Malaysia and global economy
KUCHING: The increase in tariffs imposed by the United States of America (USA) on various imported goods is expected to have both direct and indirect impacts on the country and the global economy in general. Senior lecturer at Universiti Keusahawanan Koperasi Malaysia, Professor Dr Abu Sofian Yaacob, said that goods exported directly to the USA […]
