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“Fate of US-Malaysia trade pact rests on Washington’s next move”
“The US$240 billion deal isn’t ‘null and void’ yet, says the trade minister, as Malaysia waits for Washington to submit updated terms
Malaysia will wait for Washington to submit updated terms before deciding its next steps on their tariff deal, the country’s trade minister has said – just days after he declared the agreement had been rendered “null and void” by a US Supreme Court ruling.
The government began the week on the back foot as allies and critics demanded clarity on the status of the multibillion-dollar deal with the United States, after Trade Minister Johari Abdul Ghani was reported on Sunday to have said it was no longer valid.
His ministry later walked back the remarks, with Johari pivoting on Monday to say Malaysia had received no official notification from Washington that the deal had been cancelled.”
https://www.scmp.com/week-asia/econ...laysia-trade-pact-rests-washingtons-next-move
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