WASHINGTON, April 25 -- Putrajaya has confirmed that it will be lowering its economic growth forecast for 2025 due to the United States' new tariffs, ahead of talks with the latter's officials pushing for a "fair" trade agreement this week.
Second Finance Minister Datuk Seri Amir Hamzah Azizan was quoted saying Malaysian officials will stress the country's strategic role in global supply chains, particularly in the semiconductor industry and for US companies manufacturing in Malaysia.
"We must be prepared to look at what we can, so long as it doesn't disrupt the economic structure within the country," he quoted telling financial news Bloomberg.
He admitted that closing the trade gap would be challenging, but highlighted that Malaysia r...
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