KUALA LUMPUR, April 9 -- Bank Negara Malaysia (BNM) is focusing on broader economic tools beyond interest rates to mitigate the impact of newly imposed US tariffs, according to its governor Datuk Seri Abdul Rasheed Ghaffour.

Speaking to Bloomberg TV, Abdul Rasheed said Malaysia enters the tariff dispute from a position of strength, backed by robust investment, resilient domestic demand, and diversified trade partners, according to a report in The Edge today.

"Monetary policy cannot resolve trade wars. It's not the best tool to do it," he said, stressing that BNM's mandate remains price stability to support sustainable growth.

US President Donald Trump's recent tariffs include a 24 per cent levy on Malaysian exports, leading to concerns...