Fast, factual wire coverage from across Malaysia and the region.
Prime Minister Anwar Ibrahim has confirmed Malaysia's commitment to ongoing trade discussions with the United States, indicating relief that the applied tariff rate remains comparatively low and manageable for the national economy.
Canada has opened the Gordie Howe International Bridge without US government representation, following disputes over tariffs and the renegotiation of toll-sharing agreements between the neighbouring nations.
Malaysia has been classified in the lower tariff bracket under US Section 301 measures, facing a 10% duty effective July 24. The lower rate reflects Kuala Lumpur's commitment to enforcing forced labour prohibitions, with 17 other economies receiving the same rate while others face 12.5% tariffs.
Indonesia is actively negotiating with the US Trade Representative's office to secure more favourable tariff treatment following Washington's imposition of a 10 per cent duty on Indonesian goods.
Prime Minister Anwar Ibrahim confirmed Malaysia will maintain diplomatic discussions with the United States regarding tariffs linked to forced labour compliance, noting the 10% rate imposed is relatively favourable compared to other nations.
Canadian Prime Minister Mark Carney said he and US President Donald Trump have agreed to intensify trade negotiations in coming weeks, as Washington prepares to impose additional 50% tariffs on select Canadian products from August 19.
South Korea's Industry Minister Kim Jung-kwan is travelling to Washington this week to meet senior US officials on trade and investment, as Seoul prepares for potential additional tariffs under US trade law.
Twenty-five US lawmakers have written to President Trump demanding action against EU tech regulations, suggesting trade investigations and potential tariffs if dialogue fails to quickly resolve disputes.
US President Donald Trump has blamed Canada for wildfire smoke polluting northeastern America and threatened to increase tariffs on Canadian goods unless the country addresses the problem.
Brazil has condemned a new 25% US tariff on its exports, announcing plans for immediate economic retaliation through reciprocal duties and World Trade Organisation disputes as trade tensions escalate.