Malaysia’s US tariff deal comes with US$240 billion price tag
Malaysia’s relief from securing a 19 per cent tariff from Washington is giving way to the reality of facing a US$240 billion bill to address the US deficit in their bilateral trade, with analysts warning that the country could ultimately lose out.
Some of Southeast Asia’s biggest economies were hit last week with tariffs by the US administration after months of threats by US President Donald Trump and negotiations between Washington and its trade partners in the region.
Apart from Malaysia,...
