
Malaysia imposes trade permits for US-linked AI chip shipments
Last week, US President
Donald Trump slapped a 25 per cent tariff on Malaysia, part of a broader move by the mercurial leader to address what he described as 'unsustainable trade deficits' that the world's largest economy faces with its trade partners.
Trump's announcement came just weeks after Malaysia affirmed that it 'stands firm' against attempts to circumvent US export controls on chips to American rival
China , following allegations that Chinese engineers had rented data centres packed with high-end
Nvidia chips to train their AI model in the Southeast Asian country.
On Monday, Malaysia's Ministry of Investment, Trade and Industry (MITI) said all exports, transshipments and transits of high-performance AI chips of US origin would need to come with a Strategic Trade Permit 'effective immediately'.
The new regulation will require individuals or companies to notify Malaysian authorities at least 30 days before moving any items not expressly listed in the Strategic Items List (SIL) – which covers items such as goods and technology that could potentially be used for military applications.
'This initiative serves to close regulatory gaps while Malaysia undertakes further review on the inclusion of high performance AI chips of US origin into the SIL,' the ministry said in a statement.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


South China Morning Post
37 minutes ago
- South China Morning Post
Hong Kong student AI porn case sparks law review pledge as HKU vows action
Hong Kong authorities have said that existing laws will be reviewed if necessary after a student at the city's oldest university used AI to generate pornographic images of classmates and other women and received only a warning from the institution. The University of Hong Kong (HKU) said on Monday that it was also conducting a review of the incident and vowed to take further action after some victims demanded more be done, calling the warning letter it had issued to the male law student insufficient. The Innovation, Technology and Industry Bureau said that the government would continue to closely monitor the development and application of artificial intelligence (AI) in Hong Kong, draw reference from practices elsewhere, and propose appropriate measures, and 'if necessary, review the existing legislation'. HKU, which earlier said it had also asked the student to apologise to the victims, told the Post that more would be done. 'The university is now further reviewing the case and will take further actions when appropriate to ensure a safe and respectful learning environment,' it said. In a reply to the Post, three of the victims demanded 'more permanent and substantial' consequences for their classmate.


RTHK
an hour ago
- RTHK
Trump threatens to target Russian trade partners
Trump threatens to target Russian trade partners US President Donald Trump speaks during a meeting with Nato Secretary General Mark Rutte in the Oval Office. Photo: AFP US President Donald Trump told Russia on Monday to end its Ukraine war within 50 days or face massive new economic sanctions as he laid out plans for new infusions of weaponry for Kyiv via Nato. Trump said he was "very, very unhappy" with Vladimir Putin, underlining his insistence that his patience had finally snapped with the Russian leader's refusal to end his three-year-old military campaign in Ukraine. "We're going to be doing very severe tariffs if we don't have a deal in 50 days, tariffs at about 100 percent," Trump said during an Oval Office meeting with Nato Secretary General Mark Rutte. The Republican added that they would be "secondary tariffs" that target Russia's remaining trade partners -- seeking to cripple Moscow's ability to survive already sweeping Western sanctions. Trump and Rutte also unveiled a deal under which the Nato military alliance would buy billions of dollars of arms from the United States -- including Patriot anti-missile batteries -- and then send them to Ukraine. (AFP)


RTHK
an hour ago
- RTHK
Wall Street closes up ahead of economic data
Wall Street closes up ahead of economic data Traders work on the floor of the New York Stock Exchange. Photo: AFP Wall Street stocks closed marginally up on Monday as investors sidestepped any meaningful moves following US President Donald Trump's latest tariff threats, and held steady ahead of a busy week of economic data and the start of earnings season. Trump ramped up trade tensions over the weekend, vowing to slap a 30 percent tariff on most imports from the European Union and Mexico starting August 1 - leaving the clock ticking for last-minute trade deals. The EU extended its pause on retaliatory measures until early August, holding out hope for a negotiated truce. The White House said talks with the EU, Canada and Mexico are still underway. Despite the headlines, investor reaction was muted, having grown numb to Trump's barrage of tariff threats and his frequent last-minute U-turns. The Dow Jones Industrial Average rose 88.14 points, or 0.20 percent, to 44,459.65, the S&P 500 gained 8.81 points, or 0.14 percent, at 6,268.56 and the Nasdaq Composite advanced 54.80 points, or 0.27 percent, to 20,640.33. Trading volume was also subdued, with 15.43 billion shares changing hands, compared with the 17.62 billion average for the last 20 trading days. (Reuters)