FX.co ★ U.S. Sets Lower 19% Tariff on Malaysian Exports After Talks

President Donald Trump of the United States has enacted a 19% tariff on Malaysian exports to the U.S., a rate that is lower than the 25% initially proposed in July. This adjustment was formalized through an executive order signed on July 31, just before the August 1 deadline that Trump established for nations to finalize trade agreements with his administration. Malaysia's trade ministry reported that this revised tariff was secured without jeopardizing the nation's sovereign rights, as it firmly upheld several critical "red line" issues. The ministry lauded the outcome as a "significant achievement," crediting sustained engagement with the U.S. and a deliberate, methodical negotiation strategy.