Malaysia Will Not Retaliate Against US Tariffs as Talks Continue
Malaysia has no plans to retaliate against a 25% tariff levied on its exports to the United States by Washington, its trade minister Tengku Zafrul Aziz said on Wednesday, saying he was "still optimistic" about reaching a trade deal.
Speaking in an interview at the Reuters NEXT Asia summit in Singapore, Tengku Zafrul said Malaysia still had a few more weeks to negotiate the final terms of an agreement.
"I'm in touch with USTR (U.S. Trade Representative) as recently as yesterday...
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