PETALING JAYA: The Reciprocal Trade Agreement (ART) between Malaysia and the United States is no longer applicable following a decision by the US Supreme Court to overturn most of the sweeping tariff measures introduced by US President Donald Trump. Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said that under the agreement signed last October, Malaysia was expected to face a tariff rate of 19%. He added that Malaysia has yet to ratify the ART, even though the agreement was signed in October last year. Meanwhile, Johari said the US would assess four key factors before determining the new tariff rate. “Similar to environmental assessments imposed by Europe, the US also takes environmental factors into account, including activities that damage the environment.

Source: The Star March 15, 2026 15:42 UTC