KUALA LUMPUR: American companies trading with Malaysia are impacted by the US tariffs and not the other way around, says Prime Minister Datuk Seri Anwar Ibrahim. “The tariffs are imposed on American companies who have been trading with Malaysia. Based on our survey, the impact on Malaysian companies has been rather minimal,” he said during the Prime Minister’s Question Time in the Dewan Rakyat on Tuesday (Feb 24). “Based on information from the Investment, Trade and Industry Ministry (Miti) as of Monday (Feb 23), Malaysian companies have not been impacted. I reiterate once again that the tariffs are for American companies trading in our country because Trump’s strategy is to force these companies to invest in the US and not overseas,” he added.
Source: The Star February 24, 2026 08:01 UTC