Overview
- President Trump and Prime Minister Anwar Ibrahim spoke on July 31 to finalise terms ahead of a looming 25% US tariff deadline on Malaysian goods
- The pact will cut US duties on Malaysian imports to between 15% and 20%, subject to a formal announcement on Aug. 1
- Malaysia has agreed to recognise US halal certification across several product categories, including pharmaceuticals
- Kuala Lumpur will supply the US with rare earth elements from its RM1 trillion deposits to strengthen American technology and defence supply chains
- Trump confirmed he will attend the ASEAN Summit in Malaysia from Oct. 26 to 28, signalling deeper US engagement in Southeast Asia