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Backbenchers Club: US tariff cut a diplomatic win for Malaysia

Backbenchers Club: US tariff cut a diplomatic win for Malaysia

KUALA LUMPUR: The Backbenchers Club (BBC) has welcomed the United States' tariff cut on Malaysian exports as a key achievement of strategic diplomacy and firm policy stance.
The US tariff on Malaysian exports has been reduced to 19 per cent from 25 per cent, effective today.
In a statement, the BBC said the outcome was not easily won, with Malaysia voicing its concerns loudly and clearly when needed.
"The government's insistence on safeguarding Malaysia's core industrial policies, including support for domestic enterprises, national strategic industries and inclusive economic development was central throughout the negotiations.
"We stood firm, especially on our red lines. Most critically, this reduction from 25 per cent to 19 per cent was achieved without compromising our sovereign right to implement key economic and social policies that support the stability, resilience and long-term growth of the nation.
"We extend our congratulations to Prime Minister Datuk Seri Anwar Ibrahim and the Investment, Trade and Industry Ministry for delivering this result through persistent engagement, clear objectives and unwavering commitment to Malaysia's national interest.
"We also commend the Prime Minister for defending that space while keeping the door open to meaningful trade engagement with one of our largest partners," it said today.
The BBC said the decision by the US acknowledged Malaysia as a credible and reliable trade partner with enduring economic fundamentals.
"More importantly, it validates Malaysia's reform trajectory under the New Industrial Master Plan 2030 and the National Semiconductor Strategy."
Looking ahead, the BBC said it would continue to support the prime minister and his cabinet in driving structural economic reforms and exploring market diversification.
"These efforts are essential not only to absorb the impact of global trade fluctuations but to position Malaysian companies, especially small and medium enterprises, for long-term competitiveness in high-growth sectors.
"This is a positive development. But it must be seen as a stepping stone, not a finish line. Malaysia must keep up the momentum, modernising industries, opening new markets, and building a resilient, inclusive economy rooted in policy credibility and national interest."
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