Anwar, Lai Assert No Compromise on Tariff Talks with US, Taiwan
Anwar, Lai Assert No Compromise on Tariff Talks with US, Taiwan

Anwar, Lai Assert No Compromise on Tariff Talks with US, Taiwan

News summary

Malaysia's Prime Minister Anwar Ibrahim affirmed that core national policies, such as the Bumiputera policy and protection of strategic sectors, will not be compromised in ongoing tariff negotiations with the U.S., emphasizing that these talks are in early stages and no agreement has been finalized. Meanwhile, the U.S. has prioritized Taiwan, along with Japan, South Korea, and Vietnam, for negotiations on proposed tariffs, with U.S. officials assuring Taiwanese lawmakers that Taiwan's unique economic and security position will be respected. President Lai Ching-te of Taiwan pledged that no industry will be sacrificed in the tariff talks, underscoring the government's commitment to transparency, a stable power supply, and support for small businesses. Lai also noted that Taiwan's export relief measures have been increased and highlighted the country's improved economic outlook despite global uncertainties. Both Malaysia and Taiwan stressed the importance of safeguarding local interests and ensuring national security in their respective negotiations.

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