Summary
- Malaysia to continue US tariff negotiations.
- PM welcomes lower 10% tariff rate.
- Tabung Haji RCI delayed to protect depositors.
- Malaysia maintains Israeli entry ban over Palestine stance.
PORT DICKSON, July 25 — Prime Minister Datuk Seri Anwar Ibrahim said Malaysia will continue negotiations with the United States over the new 10% tariff imposed under Section 301.
While welcoming the country’s relatively lower rate compared with most affected economies. Anwar also said the Tabung Haji Royal Commission of Inquiry (RCI) report was previously withheld.
To prevent panic withdrawals by depositors but is now ready for release. He reaffirmed that Malaysia’s ban on Israeli citizens is based on opposition to Israel’s actions in Palestine.
Not anti-Semitism, and said the government would not change its longstanding policy.
