The US is Malaysia’s third biggest trading partner and its third largest market for electronics exports, Zafrul said.
The US imposed a 10% levy on all Chinese goods early this week, just hours after US President Donald Trump reached separate agreements with the leaders of Canada and Mexico to delay 25% duties for a month. The US also recently limited exports of graphics processing units, essential in training artificial intelligence models, to countries including Malaysia and banned their export to countries including China and Russia.
“The government is taking proactive steps to strengthen our relationship with the US on trade issues to avoid any increase on trade tariffs as what has happened to China, Canada and Mexico,” Zafrul added.