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Trump announces 19pct tariff for Malaysia as new deadline looms
United States President Donald Trump has imposed a new 19 percent tariff rate on Malaysia, as the deadline takes effect today. The new rate represents a six percentage point reduction from the 25 percent reciprocal tariff announced last month.
Why Trump’s newly announced tariffs aren’t a done deal
On Thursday, Donald Trump announced sweeping new tariffs against U.S. trading partners that will go into effect next week. The announcement came on the same day that an appeals court grappled with the question of whether Trump’s tariffs are even legal.
Economies not listed in Trump's new executive order, such as Singapore, will face a baseline 10 per cent tariff.
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