Malaysia aiming for zero-rated tariffs on exports to US, says Tengku Zafrul

KUALA LUMPUR: Malaysia has told the United States that it aims to have zero-rated tariffs for imports from Malaysia, says Tengku Datuk Seri Zafrul Abdul Aziz. "We told them we want to reduce the tariffs – and if it's possible – for it to be zero," said the Investment, Trade and Industry Minister. He also said that...

Saquon Barkley Meets With Donald Trump: What to Know

Saquon Barkley was seen hanging out with President Donald Trump shortly before his appearance with the 2025 Super Bowl champion Philadelphia Eagles at the White House. Learn more about their meeting here. Saquon Barkley is making headlines once again this year — the first time for his Super Bowl LIX win as a player for the Philadelphia...

Japan to resist Trump efforts to form trade bloc against China

TOKYO: Japan intends to push back against any US effort to bring it into an economic bloc aligned against China because of the importance of Tokyo’s trade ties with Beijing, according to current and former Japanese government officials. Like many other countries, Japan is trying to get permanent relief from President Donald Trump’s tariffs by addressing...

Intel, Oracle raised concerns over US tariffs with govt, says Tengku Zafrul

KUALA LUMPUR: United States (US) tech giants Intel and Oracle have raised concerns about the impact of the United States' (US) tariffs on their operations in Malaysia, says Tengku Datuk Seri Zafrul Abdul Aziz. In a video posted on X (formerly known as Twitter), the Investment, Trade and Industry Minister said both companies had engaged with...

Trump’s global import tariffs could lead to China banning showings of US movies

Donald Trump's global import tariffs could lead to China banning showings of US movies. As the US President's tariffs on China stand at 54 per cent — and are expected to increase to 104 per cent — experts are warning Hollywood's golden ticket into the Asian market could soon become obsolete. Variety is reporting that among a series of...

Stocks plunge, markets bay for rapid US rate cuts

SYDNEY: Major stock indexes plunged in Asia on Monday as U.S. President Donald Trump showed no sign of backing away from his sweeping tariff plans, and investors bet the mounting risk of recession could see the Federal Reserve cutting rates as early as May. Futures markets moved swiftly to price in almost five quarter-point cuts in...

Anwar to hold talks with Trump’s close associates over tariffs

MELAKA: Prime Minister Datuk Seri Anwar Ibrahim says he is engaging senior figures close to US President Donald Trump, to initiate discussions over the recently imposed 24% tariffs on Malaysian exports to the country. "I have personally reached out to individuals who have strong connections with Trump," he said during the Madani Hari Raya Aidilfitri celebration...

Trump administration appoints junior officer to oversee US Foreign Service – sources

WASHINGTON (Reuters) - The Trump administration has appointed a national security lawyer who entered the foreign service just four years ago as the top official overseeing the State Department's global workforce, according to three sources familiar with the matter and an internal email seen by Reuters. The hiring of Lew Olowski to run the department's Global...

Anwar to hold talks with Trump’s close associates over tariffs

MELAKA: Prime Minister Datuk Seri Anwar Ibrahim says he is engaging senior figures close to US President Donald Trump, to initiate discussions over the recently imposed 24% tariffs on Malaysian exports to the country. "I have personally reached out to individuals who have strong connections with Trump," he said during the Madani Hari Raya Aidilfitri celebration...

Wall Street set to plunge as Trump tariffs rout dollar

LONDON: World stocks, the dollar and oil all tumbled on Thursday as President Donald Trump’s drastic new U.S. trade tariffs stoked fears of a global recession and led investors to seek safe-haven assets like bonds and the yen. A new baseline 10% tariff on imported goods plus some eye-watering reciprocal tariffs on dozens of countries that...