Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz will travel to Washington, United States (US), on June 18 to resume negotiations over tariffs imposed on Malaysian goods.
Tengku Zafrul said he had briefed the cabinet earlier today on the upcoming visit.
“I will be going to the United States next week, and we will continue in-person negotiations. Previously, discussions were held online.
“I will meet with the US Trade Representative in Washington next week,” he told reporters after witnessing the signing ceremony of the DayOne Syndicated Financing and Corporate Renewable Energy Supply Scheme.
United States and Chinese officials are set to meet on Tuesday (Jun 10) for a second day of trade talks in London, seeking to shore up a shaky tariff truce in a spat further strained by export curbs.
The gathering of key officials from the world’s two biggest economies began Monday in the historic Lancaster House, run by the UK Foreign Office, following an earlier round of talks in Geneva last month.Chinese Vice Premier He Lifeng was again heading the team in London, which included Commerce Minister Wang Wentao and China International Trade Representative Li Chenggang.
Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer are leading the US delegation.
On 9 June, AMCHAM had the pleasure of hosting Nathan Bush, Head of International Trade & Competition at DLA Piper, for an insightful session on the “Trump 2.0” tariffs, sanctions, and export controls. The discussion focused on practical strategies for Malaysian companies to navigate an increasingly volatile trade environment.
Drawing on his extensive experience in government enforcement and international trade, Nate offered valuable perspectives on the U.S. administration’s current universal and reciprocal tariff policies, and what they mean for Malaysia. He also highlighted key risks businesses should be aware of.
As global trade dynamics continue to shift rapidly, sessions like these are essential in helping businesses anticipate changes and strengthen their resilience.
Thank you, Nathan Bush, for a timely and thought-provoking presentation.
This exclusive evening reception convenes senior officials including diplomatic mission representatives, industry leaders, banking sector representatives and partners for a conversation about business and the future of energy in Asia.
CLICK HERE TO RSVP
Please RSVP by June 12, 2025. You can direct questions to [email protected]; +60122438873. A calendar invite will follow.
We look forward to seeing you!
The Malaysian Investment Development Authority (“MIDA”) has introduced a new Investor Pass for foreign investors, aimed at attracting foreign investment into Malaysia. The Minister of Investment, Trade and Industry, Tengku Datuk Seri Zafrul Abdul Aziz has stated that the Investor Pass is a key component of the government’s initiatives under the New Industrial Master Plan 2030, aimed at attracting investment, streamlining bureaucracy, and enhancing business convenience.
The Investor Pass, which became effective on 1 April 2025, provides multiple entry permission for foreign investors seeking business opportunities in Peninsular Malaysia without first securing any employment in Malaysia.
President Donald Trump and Chinese leader Xi Jinping will likely speak this week, White House press secretary Karoline Leavitt said on Monday, days after Trump accused China of violating an agreement to roll back tariffs and trade restrictions.
Leavitt is the third top Trump aide to forecast an imminent call between the two leaders to iron out differences on last month’s tariff agreement in Geneva, among larger trade issues.
It was not immediately clear when the two leaders will speak.
US Treasury Secretary Scott Bessent told CBS’ “Face the Nation” on Sunday that Trump and Xi would speak “very soon” to iron out trade issues including a dispute over critical minerals and China’s restrictions on exports of certain minerals.
