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Malaysia to cut growth outlook, discuss ‘fair’ trade with US
Free Malaysia Today
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4/25/2025
Finance minister II Amir Hamzah Azizan says the country will highlight its important role in global supply chains, particularly for semiconductors and US firms producing goods in Malaysia.
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https://www.freemalaysiatoday.com/category/nation/2025/04/25/malaysia-to-cut-growth-outlook-discuss-fair-trade-with-us
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00:00
Malaysia is revising down its growth outlook as tariffs weigh on the economy while seeking a
00:07
fair deal in trade talks that kick off with U.S. officials this week, said Second Finance Minister
00:13
Amir Hamza Azizan. He said the government is reviewing its 2025 growth forecasts amid U.S.
00:21
imposed levies, with a revised outlook to be released in the coming months.
00:25
Malaysia grew at a slower-than-expected pace in the first quarter, even before the U.S.
00:31
announced tariffs on trading partners. Earlier, the International Monetary Fund had downgraded
00:38
Malaysia's real-growth domestic product growth forecast for 2025 to 4.1 percent from 4.7
00:45
percent previously, reflecting a broader downward revision across the region. Meanwhile, Investment
00:53
Trade and Industry Minister Tengku Zafrul Aziz is scheduled to meet with U.S. Trade Representative
00:58
Jamison Greer. According to Amir, Malaysian officials plan to highlight to U.S. counterparts
01:04
the country's important role in global supply chains, particularly for semiconductors and
01:10
U.S. firms producing goods in Malaysia. He said Malaysia must explore options without
01:16
disrupting the economy while seeking a fair discussion with the U.S.
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