US tariff likely to take a toll on US economy, necessitating US Federal Reserve reducing Fed Fund Rate to provide economic support
Deal considered important amid EU-US disagreements, but further clarification needed on key products' market access
Manufacturing and services to bring in the money for 2025M, says Tengku Zafrul
Move comes after US-Indian talks fail to formulate trade agreement
Optimism remains despite lagging economic expansion in 2024
Facing export drops by 30 pct due to tariffs, shrimp farmers take steps to weather storm
The US Court of Appeals for the Federal Circuit is considering the legality of “reciprocal” tariffs imposed on a broad range of US trading partners in April.
BANGKOK, July 31 — First came a push from the Malaysian premier, then China reached out, but it was only after United States (US) President Donald Trump called Thailand's leader last week that Bangkok agreed to talks with Cambodia to end an escalating military conflict.
By Danial Dzulkifly KUALA LUMPUR, July 31 — Prime Minister Datuk Seri Anwar Ibrahim said he will announce the tariff rate set by the United States tomorrow, following a phone call with United States President Donald Trump earlier today. Anwar hinted at a potentially lower rate, saying...
BANGKOK, July 30 — Thailand's economy is projected to grow 2.2 per cent in 2025, slightly up from 2.1 per cent in an earlier forecast, amid global trade uncertainties, the Ministry of Finance said today, reported Xinhua.
MOSCOW, July 30 — United States President Donald Trump said the US will impose tariffs and other measures on Russia “10 days from today” if Moscow makes no progress in ending its war of over three years in Ukraine.
KUALA LUMPUR, July 29 — Global economic growth is projected to reach 3.0 per cent in 2025 and 3.1 per cent in 2026, above the reference forecast in the April 2025 World Economic Outlook (WEO), according to the International Monetary Fund’s (IMF) July 2025 WEO update, released today.
TURNBERRY, July 28 — The United States struck a framework trade agreement with the European Union yesterday, imposing a 15 per cent import tariff on most EU goods — half the threatened rate — and averting a bigger trade war between the two allies that account for almost a third of global trade.
SYDNEY, July 27 — Australia's Prime Minister Anthony Albanese has said that a decision to ease rules on United States (US) beef imports was not prompted by US President Donald Trump.
BANGKOK/PHNOM PENH, July 27 — United States (US) President Donald Trump has said that Cambodia and Thailand have agreed to pursue immediate ceasefire negotiations over the ongoing border clashes.
SEOUL, July 26 — South Korea will prepare a trade package that is mutually agreeable with the United States (US) ahead of minister-level meetings planned next week and a US tariff-pause deadline of August 1, the Presidential Office said on Saturday.
LONDON, July 24 — Oil prices rose more than one per cent on Thursday, buoyed by optimism over United States (US) trade negotiations that would ease pressure on the global economy and a sharper-than-expected decline in US crude inventories.
WASHINGTON, July 23 — United States (US) President Donald Trump announced yesterday the finalisation of a “framework” trade agreement with Indonesia that he said will eliminate 99 per cent of the tariffs imposed on US exports to the island nation, Anadolu Ajansi (AA) reported.
MANILA, July 18 — Philippine President Ferdinand Marcos Jr will visit the United States (US) next week with a clear message to President Donald Trump that the Philippines must become economically stronger if it is to serve as a truly robust partner, an official said today.
KUALA LUMPUR, July 18 — The ringgit opened firmer against the United States (US) dollar on Friday as traders shied away from the greenback amid growing anticipation of an interest rate cut by the US Federal Reserve (US Fed).
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