US Tariff Decision On Malaysian Goods Expected By Tomorrow (1 Aug 2025), Says Anwar
The United States (US) President Donald Trump will announce the tariff rate on Malaysian goods by tomorrow, Prime Minister Datuk Seri Anwar Ibrahim said today.
Anwar, who is also Finance Minister, revealed the decision followed a phone conversation with Trump at 6.50 am, amid concerns over Washington’s plan to impose a 25% import tariff on all Malaysian goods beginning Aug 1, 2025.
“We are also discussing the tariff issue on the spirit and principle of free trade. This also applies to the series of negotiations involving the Investment, Trade and Industry Ministry (MITI) with the US Trade Representative and Secretary of Commerce,” he said while tabling the 13th Malaysia Plan in Parliament.
Anwar added that Trump expressed his appreciation to Malaysia for its effective role in helping resolve the Thailand-Cambodia conflict. “In my response, I said this was due to the ASEAN consensus and the positive attitude of both countries as well as the cooperation shown by the US, especially Trump, and (China’s President) Xi Jinping,” he said.
The Prime Minister also confirmed Trump’s attendance at the 47th ASEAN Summit in Kuala Lumpur this October.
