Malaysia is set to engage in crucial discussions with the United States on sectoral tariffs, including those affecting the semiconductor industry, during the upcoming ASEAN Leaders Summit from October 26 to 28 in Kuala Lumpur. The talks aim to address the potential ripple effects of tariff adjustments on global supply chains.
According to Malaysia’s Trade Minister Tengku Zafrul Aziz, negotiations with U.S. Commerce Secretary Howard Lutnick will focus on finalizing tariff structures for key industries, particularly semiconductors — a vital component in global manufacturing and technology production.
As the world’s sixth-largest semiconductor exporter, Malaysia plays a pivotal role in sustaining supply chain stability. The country has cautioned that removing current tariff exemptions on semiconductor exports could disrupt production flows and competitiveness across Asia’s interconnected trade network.
The forthcoming agreement between Malaysia and the United States is expected to strengthen bilateral trade relations, offering potential advantages to sectors such as manufacturing, agriculture, and industrial exports. The outcome may also influence tariff frameworks across Southeast Asia, as several ASEAN countries are anticipated to sign new trade arrangements with Washington during the summit.
These developments come amid growing efforts by regional economies to safeguard supply chain resilience and ensure balanced trade amid evolving tariff policies.
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