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Prime Minister Datuk Seri Anwar Ibrahim has pledged that Malaysia will maintain diplomatic negotiations with the United States over a newly imposed 10 per cent tariff affecting Malaysian trade.
Agrobank unveiled its Halal@Agrobank initiative targeting 10,000 entrepreneurs over five years, backed by RM1 billion in financing and comprehensive support for halal certification and market access.
Sabah is leveraging the JOM MALAYSIA platform to propel local products onto the world stage, with state entrepreneurs already generating RM95.9 million in potential sales at international expos last year.
Malaysia is now subject to a 10 per cent US tariff related to forced labour concerns, effective immediately. The Ministry of Investment, Trade and Industry says it will maintain dialogue with American counterparts regarding the import duties.
The United States has announced punitive tariffs of 10-12.5% against 60 trading partners, including Malaysia's key regional neighbours, for inadequately enforcing prohibitions on forced-labour goods imports.
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Malaysia's Halal Home Grown Champion programme has generated RM187.91 million in potential sales for 313 halal companies between 2024 and 2026, including significant support for Bumiputera and women-owned enterprises.
Malaysia's Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani has warned that the World Trade Organization must modernize its framework to remain relevant as global economic priorities shift toward resilience, technology leadership, and supply chain security.
Malaysia is actively courting investment from German small and medium enterprises in green technology, renewable energy and water management, with Deputy PM Fadillah emphasising the strategic importance of strengthening bilateral ties and vocational training cooperation.
Malaysia is developing a mechanism to prohibit imports of goods produced using forced labour, establishing an inter-agency task force to address US trade compliance requirements and avoid potential tariffs.