Malaysia will continue negotiations with the US on a lower tariff rate despite being the only Southeast Asian country to face an opposite outcome based on US President Donald Trump’s latest announcement.

Rubio reiterates to Anwar that Malaysia remains an important US partner and Washington is keen to boost cooperation with Asean.

Malaysian chip companies are pausing investment and expansion plans as they await clearer guidance on U.S. tariff policies, according to Malaysia Semiconductor Industry Association President Wong Siew Hai.

Malaysia packages a tenth of the world’s semiconductors, with the US its third-largest market for chip exports. Read more at straitstimes.com. Read more at straitstimes.com.

Malaysia's trade ministry on Tuesday said a 25% tariff rate on its exports to the United States was not on top of an existing base tariff of 10% imposed by Washington, clarifying earlier remarks by the country's plantations and commodities minister Johari Abdul Ghani.

Rubio described the meeting as “constructive” and that the two nations can learn to manage their differences while exploring areas of cooperation.

The country’s electronics sector may remain relatively insulated, but other industries could be forced to adapt. Read more at straitstimes.com. Read more at straitstimes.com.

Malaysia remains optimistic that further negotiations will yield a positive outcome regarding the United States tariffs set to take effect on August 1, said Datuk Seri Tengku Zafrul Abdul Aziz.

Trump imposes tariffs up to 40% on 14 countries, pressuring allies to shift production to the US and avoid ties with BRICS. Tensions mount globally.