Overview
- Trade Minister Johari Abdul Ghani retracted his weekend comment that the deal was “null and void,” with his ministry saying he had misspoken.
- Johari now says Malaysia has received no formal notice of cancellation and will review any new US proposal once ongoing investigations conclude.
- The October 2025 arrangement promised roughly US$240 billion in Malaysian investments and purchases for access to the US market at a 19% tariff rate.
- Following the Supreme Court decision, Washington imposed a blanket 10% tariff and opened probes into alleged unfair practices involving nearly 60 countries, including Malaysia.
- Opposition figures and eight government MPs in Malaysia are demanding transparency, while India’s Congress party is citing Malaysia’s episode to question New Delhi’s US trade strategy.