Finance

Malaysia PM says will build trade relations, not wait for U.S. tariffs

Published by Global Banking & Finance Review

Posted on February 4, 2025

1 min read

· Last updated: January 26, 2026

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Malaysia PM Anwar Ibrahim discusses trade relations amidst U.S. tariffs - Global Banking & Finance Review
This image features Malaysia Prime Minister Anwar Ibrahim as he addresses parliament about building trade relations with countries like China, Russia, and Brazil, rather than waiting for U.S. tariffs. This highlights Malaysia's proactive stance in global finance.
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KUALA LUMPUR (Reuters) - Malaysia will actively build trade relations with other countries, such as China, Russia and Brazil, instead of waiting for the impact of potential U.S. trade tariffs, Prime

Malaysia PM Anwar Ibrahim to Strengthen Global Trade Relations

KUALA LUMPUR (Reuters) - Malaysia will actively build trade relations with other countries, such as China, Russia and Brazil, instead of waiting for the impact of potential U.S. trade tariffs, Prime Minister Anwar Ibrahim said on Tuesday. 

Anwar told parliament waiting for United States' tariffs would have a negative impact on Malaysia, adding there was uncertainty following U.S. President Donald Trump's 30-day pause on tariffs on Canada and Mexico.

U.S. tariffs on China are still due to take effect.

Anwar said Malaysia could not act hastily in countering tariffs as there remained many geopolitical uncertainties.

"On our part, we must take proactive steps... to aggressively open a wider network of trading partners," Anwar said.    

(Reporting by Danial Azhar; Editing by John Mair)

Key Takeaways

  • Malaysia seeks to expand trade with China, Russia, and Brazil.
  • Anwar Ibrahim emphasizes proactive trade strategies.
  • US tariffs on China remain a concern for Malaysia.
  • Geopolitical uncertainties affect Malaysia's trade decisions.
  • Malaysia aims to reduce reliance on US trade policies.

Frequently Asked Questions

What is the main topic?
The main topic is Malaysia's strategy to build trade relations with countries like China, Russia, and Brazil to mitigate the impact of US tariffs.
How is Malaysia responding to US tariffs?
Malaysia is proactively seeking to expand its trade network with other countries to avoid negative impacts from US tariffs.
Who is leading Malaysia's trade strategy?
Prime Minister Anwar Ibrahim is leading Malaysia's efforts to strengthen trade relations globally.

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