The implementation of a 24% tariff by the United States on products from Malaysia has created a considerable economic obstacle for the latter. This tariff is part of the wider protectionist strategies associated with the Trump administration's "America First" agenda, which seeks to safeguard American industries and labour. For Malaysia, this unilateral action presents significant risks to its trade relationships, economic stability, and prospects for future development. Diplomatic Negotiation and Engagement with the U.S. In the immediate future, Malaysia should focus on diplomatic discussions with the United States to achieve a resolution or reduction of tariffs. The government can interact with U.S. officials through various channels, including bilateral talks and international trade agreements like the Trans-Pacific Partnership (TPP). These negotiations should underscore the shared economic advantages of equitable trade and align with the principles of the W...
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