Latest news with #USMalaysia
LBCI
14 hours ago
- Business
- LBCI
Trump confirms attendance at ASEAN summit in October: Malaysia PM
U.S. President Donald Trump has confirmed he will attend a major summit of Southeast Asian nations in October, Malaysia's Prime Minister Anwar Ibrahim said on Thursday. "I would like to inform (the Parliament) that at 6:50 am (2250 GMT) today I had the opportunity to speak with the President of the United States, Donald Trump. He confirmed that he will be attending the 47th ASEAN Summit in October," Anwar told Malaysian MPs in a speech. A tariff deal between Malaysia, facing a threatened 25 percent levy, and the United States will be announced on Friday, Anwar added. AFP
Reuters
17 hours ago
- Business
- Reuters
Malaysia PM says US tariff rate on Malaysian goods to be announced Friday
KUALA LUMPUR, July 31 (Reuters) - The U.S. tariff rate on Malaysian goods will be announced on Friday, Malaysian Prime Minister Anwar Ibrahim said on Thursday after speaking to U.S. President Donald Trump. "We discussed tariff issues in the spirit and principle of free trade ... After the explanation I provided, he (Trump) decided to postpone the announcement to the following day, and the tariff rates will be announced," Anwar said in a speech to parliament to present the country's new five-year economic plan. Anwar also said Trump confirmed that he would attend an ASEAN summit in Malaysia in October. Malaysia will target annual GDP growth of 4.5% to 5.5% from 2026 to 2030, Anwar said when launching the new five-year plan. The Southeast Asian nation is also targeting export growth of 5.8% a year in the plan, and will strive to keep inflation at an average rate of 2%-3% for the period, he said. "The next five years will be a crucial period for Malaysia to not only transition into a high-income nation but also to provide a high quality of living for the people," Anwar said.
Malay Mail
11-07-2025
- Politics
- Malay Mail
Trump picks outspoken ‘alpha male', Hooters aficionado Nick Adams as next US ambassador to Malaysia
KUALA LUMPUR, July 11 — President Donald Trump has nominated Nick Adams, an Australian-American commentator and self-described 'alpha male,' to serve as the next US ambassador to Malaysia. Adams, who became an American citizen in 2021, rose to prominence in 2016 when Trump praised his book 'Green Card Warrior' as a 'must read' on social media, Politico reported. The nomination was formally sent to the Senate on Wednesday for confirmation proceedings. Adams has authored six books, including works that criticise Joe Biden and praise Trump and Winston Churchill as defenders of Western civilisation. He is also an outspoken fan of Hooters, the US restaurant chain that has long drawn criticism for building its brand around the sexualisation of its female waitstaff, having tweeted about it over 500 times in a span of four years. Trump wrote the foreword for Adams' 2024 book 'Alpha Kings,' which advises young men on becoming 'true alpha males.' The nominee previously served in Australian local government but was condemned by colleagues and threatened with suspension from the Liberal Party for conduct deemed damaging to the party's reputation. Adams currently serves on the board of the congressionally chartered Woodrow Wilson Center, a position he received through a 2020 Trump nomination. Trump praised Adams as 'an incredible Patriot and very successful entrepreneur' whose devotion to America serves as an inspiration. Adams expressed his honor at the opportunity to 'take the president's goodwill and spread it to the great people of Malaysia.' If confirmed, Adams would replace Edgard Kagan, a career diplomat who was nominated by Biden in May 2023.
Bloomberg
10-07-2025
- Business
- Bloomberg
Malaysia Optimistic of Deal to Lower US Tariffs Before Deadline
Malaysia is optimistic it can reach a deal with the US to lower tariffs ahead of the Aug. 1 deadline for trade talks after President Donald Trump threatened to impose a steeper levy on the Southeast Asian country, according to Investment, Trade and Industry Minister Zafrul Aziz. Talks have been challenging though discussions have been done 'in a very respectful manner,' Zafrul said in an interview with Bloomberg TV's Haslinda Amin.
Bloomberg
10-07-2025
- Business
- Bloomberg
Malaysia Says Optimistic of US Tariff Talks Outcome
Malaysian Minister of Investment, Trade and Industry Zafrul Aziz says he is optimistic of the outcome of talks with the US to lower trade tariffs. He speaks with Haslinda Amin on "Insight with Haslinda Amin." (Source: Bloomberg)
