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Malaysia Maintains Trade Growth Targets Amid US Tariff Pressures
Malaysia Maintains Trade Growth Targets Amid US Tariff Pressures
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BTCCSquare news:
Malaysia's trade sector braces for impact as US tariff deadlines loom. Investment Minister Zafrul Aziz projects 4-5% trade growth for 2025, despite May's export contraction - the first since September 2024. The 25% levy on key exports including semiconductors and palm oil takes effect August 1, prompting Malaysian exporters to accelerate shipments.
Front-loading strategies have emerged as a temporary buffer, though new trade data reveals vulnerabilities in Malaysia's export economy. The White House's expanded tariff list threatens Southeast Asia's second-largest economy, testing its resilience as a regional trade hub. Market watchers note the absence of cryptocurrency or blockchain mentions in Malaysia's current trade strategy.
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