The investigation covers China, the European Union, Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Thailand, South Korea, Vietnam, Taiwan, Bangladesh, Mexico, Japan and India. On Malaysia specifically, the USTR said evidence of structural excess capacity and production exists for Malaysia through its large or persistent goods trade surpluses. “In 2024, Malaysia’s trade surplus was 7.3% of its GDP, or US$31bil, down from US$47bil in 2023... In 2024, Malaysia maintained a bilateral goods and services trade surplus with the United States of US$16bil. "Most of this surplus is focused on goods trade, particularly in sectors such as electronics or machinery.

Source: The Star March 12, 2026 08:05 UTC