Kuala Lumpur, April 15 -- Malaysia is ramping up trade safeguard measures and efforts in market diversification to cushion the potential fallout from the US tariffs, said Minister of Investment, Trade and Industry Tengku Zafrul Aziz on Apr 14.

Speaking after a meeting of the National Geoeconomic Command Centre (NGCC) chaired by Prime Minister Anwar Ibrahim, Tengku Zafrul said Malaysia remains economically stable, but is implementing countermeasures to protect its trade and industrial base.

Among the steps announced are the enforcement of anti-dumping duties, countervailing taxes and safeguard measures to shield domestic industries from redirected exports stemming from global trade tensions.

Besides, the Malaysian government determined ...