Finance minister II Amir Hamzah Azizan says the country will highlight its important role in global supply chains, particularly for semiconductors and US firms producing goods in Malaysia.
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https://www.freemalaysiatoday.com/category/nation/2025/04/25/malaysia-to-cut-growth-outlook-discuss-fair-trade-with-us
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
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NewsTranscript
00:00Malaysia is revising down its growth outlook as tariffs weigh on the economy while seeking a
00:07fair deal in trade talks that kick off with U.S. officials this week, said Second Finance Minister
00:13Amir Hamza Azizan. He said the government is reviewing its 2025 growth forecasts amid U.S.
00:21imposed levies, with a revised outlook to be released in the coming months.
00:25Malaysia grew at a slower-than-expected pace in the first quarter, even before the U.S.
00:31announced tariffs on trading partners. Earlier, the International Monetary Fund had downgraded
00:38Malaysia's real-growth domestic product growth forecast for 2025 to 4.1 percent from 4.7
00:45percent previously, reflecting a broader downward revision across the region. Meanwhile, Investment
00:53Trade and Industry Minister Tengku Zafrul Aziz is scheduled to meet with U.S. Trade Representative
00:58Jamison Greer. According to Amir, Malaysian officials plan to highlight to U.S. counterparts
01:04the country's important role in global supply chains, particularly for semiconductors and
01:10U.S. firms producing goods in Malaysia. He said Malaysia must explore options without
01:16disrupting the economy while seeking a fair discussion with the U.S.