US president claims US$15t investment impossible without tariff imposition

But Trump administration has yet to offer more details on transhipment activities

Miti says it was not pressured to buy any aircraft, and that orders were made in 2016

The new charges will be added on to each country’s existing rates during export

Putrajaya is cushioning the blow, wants exporters to use FTAs to diversify markets

A strong presence in the country means capturing half of the SEA market, says a manufacturer

President Lula says the federation will impose retaliatory tariffs if Washington maintains current rate.

Jo Ghani notes that the 19 pct rate is on par with many other Asean nations.

Minister says reduced rate, hard-won through talks with Washington, broadly in line with most Southeast Asian countries.

TOKYO, July 23 — Japanese Prime Minister Shigeru Ishiba will announce his resignation by the end of next month, Japanese media reported today, following a bruising election defeat that cost his administration its upper house majority.

SINGAPORE, July 23 — Malaysia’s economy continues to demonstrate resilience in 2025, underpinned by strong domestic demand, robust investment activity, and favourable labour market conditions, despite pressures from global trade tensions and policy uncertainty.

TOKYO, July 23 — Japanese automaker's shares led a surge in the Nikkei share average today, while bonds slid after US President Donald Trump said he had reached a trade deal with Tokyo.

PUTRAJAYA, July 21 — Prime Minister Datuk Seri Anwar Ibrahim has stressed that Malaysia will not bow to pressure that could undermine national policies, including negotiations with the United States (US) related to tariffs.

SINGAPORE, July 14 — Singapore's economy grew a faster-than-expected 4.3 per cent in the second quarter year-on-year, preliminary government data showed today, despite a dimming outlook due to global economic uncertainty.

WASHINGTON, July 8 — US President Donald Trump signed an executive order yesterday that extends the date on which reciprocal tariffs will take effect to August 1, Anadolu Ajansi (AA) reported.

BANGKOK, July 7 — Thailand, in its latest proposal to avert steep US tariffs, is aiming to boost bilateral trade volumes with the US and reduce its US$46 billion (RM198 billion) trade surplus by 70 per cent within five years, reaching balance in seven to eight years, Finance Minister Pichai Chunhavajira told Bloomberg News yesterday.

KUALA LUMPUR, May 28 — Asean leaders have voiced deep concern over the United States’ (US) recent move to impose unilateral sweeping tariffs, during the 46th Asean Summit.

TOKYO, May 26 — The euro jumped along with risk-sensitive currencies like the Australian dollar today after President Donald Trump backed down from threatened 50 per cent duties on European Union shipments from June 1, after the bloc asked for time to "reach a good deal".

KUALA LUMPUR, May 26 — The ringgit continued to strengthen against the US dollar at opening today, driven by tariff shocks that are expected to negatively impact the US economy, said an analyst.

KUALA LUMPUR, May 14 — The ringgit opened higher against the US dollar today, as easing US-China trade tensions brought relief to the financial markets, reducing recession fears and boosting risk-on sentiment among the traders and investors, an analyst said.