Analyse cost-benefit of Malaysia-US trade deal, table findings in Dewan, Miti urged
The investment, trade and industry ministry should undertake a comprehensive cost-benefit analysis on the Agreement on Reciprocal Trade between Malaysia and the US, and table the findings in Parliament, says former Klang MP Charles Santiago.
Santiago said a national interest study must be carried out and include a chapter-by-chapter assessment of economic and social impacts, including job gains and losses, effects on medicine prices and healthcare costs, implications for Bumiputera businesses and SMEs, and the halal industry.
He said the study must assess the tariff revenue losses, distributional impact across sectors and groups, and any domestic legal and regulatory changes required, including alignment with US laws and standards.
“Until the results of this study are published and debated in…
