Malaysia's 2025 Economic Growth Target at Risk Due to US Tariffs, Warns PM Anwar
Malaysia's economic growth prospects are facing a significant challenge due to the imposition of tariffs by the US, according to Prime Minister Datuk Seri Anwar Ibrahim. The country's 2025 growth target is now under threat, as the tariffs are expected to have a detrimental impact on Malaysia's trade and investment landscape. With the global economy already experiencing a slowdown, the additional burden of US tariffs may hinder Malaysia's ability to achieve its desired economic growth rate. As the country navigates this complex economic environment, it will be crucial to explore alternative trade agreements and diversify its export markets to mitigate the effects of the tariffs. Key strategies such as trade liberalization, foreign investment, and economic diversification will be essential in helping Malaysia stay on track and achieve its long-term economic goals, including sustainable development and poverty reduction.