US firms in Malaysia may escape semiconductor chip tariff, says Tengku Zafrul

KUALA LUMPUR: Investment, trade and industry minister Tengku Zafrul Aziz is hopeful that some semiconductor manufacturers in Malaysia may be exempted from the 100% tariff the US has imposed on the import of semiconductor chips. Trump, who announced the tariff yesterday, said that it would not apply to companies that were already producing semiconductor chips in the US or...