The US is Malaysia’s third biggest trading partner and its third largest market for electronics exports, Zafrul said.
New tariffs by the US on some countries will have a minimal impact on Malaysia’s semiconductor industry, according to Trade Minister Zafrul Aziz.
Investments from the US remain “strong up till now” and Malaysia will continue discussions on chip-related matters with the US, Zafrul said in parliament on Thursday. “We have to ensure the standards and enforcement, in case the US decides to raise tariffs or impose export restrictions,” he said.
