
Malaysia and the US today signed a wide-ranging reciprocal trade deal aimed at strengthening bilateral economic ties, expanding market access, and bolstering supply chain resilience.
The agreement was signed by Prime Minister Anwar Ibrahim and US president Donald Trump during a bilateral meeting on the sidelines of the 47th Asean Summit.
In a joint statement released by the White House, both governments said the deal “will provide both countries’ exporters unprecedented access to each other’s markets” and “build upon our long-standing economic relationship”, including the 2004 Trade and Investment Framework Agreement.
Under the agreement, Malaysia has committed to “provide significant preferential market access for US industrial goods exports, including chemicals, machinery and electrical equipment, metals, and…