Malaysia: US tariffs on Malaysian imports announced on 2 April 2025
On 2 April 2025, United States President Donald J. Trump has invoked his authority under the US International Emergency Economic Powers Act of 1977 (IEEPA) to impose the following tariffs on imports into the United States:
- A baseline 10% tariff on all imports (except Canada and Mexico), effective on 5 April 2025 at 12:01 a.m. EDT (5 April 2025 at 12:01 p.m, Malaysia time)
- An individualized reciprocal higher tariff for specific countries, in lieu of the baseline tariff. The reciprocal tariff to be imposed on Malaysian imports is at 24%. This is effective on 9 April 2025 at 12:01 a.m. EDT (9 April 2025 at 12:01 p.m, Malaysia time).
Certain goods are not subject to the reciprocal tariffs (e.g., steel, aluminum and autos and auto parts subject to existing Section 232 tariffs [of the US Trade Expansion Act of 1962], copper, semiconductors, pharmaceuticals, lumber, certain energy and critical minerals).
