<ul data-eligibleForWebStory="false"><li>US President Donald Trump is reimposing a 25% tariff on products made in Malaysia starting from August 1, to address a trade deficit arising from Malaysia's policies and trade barriers.</li><li>The tariff, labeled as a 'reciprocal tariff,' will be exempt for goods transhipped and does not apply to semiconductors, a significant export for Malaysia.</li><li>The tariff escalation threatens Malaysia's economy, particularly the automotive component sector; negotiations to lower the tariff rate are urged to avoid economic risks.</li><li>The tariff increase could lead to inflation in Malaysia, impacting prices of goods, while Penang, a major export hub, is closely collaborating with the government and industry stakeholders to protect the nation's economic interests.</li></ul>

Trump reimposes 25% tariffs on Malaysian-made goods to the US, although semiconductors exempted

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