0521 GMT - Malaysia will send officials to Washington D.C. as part of its quiet diplomacy approach, aiming to open dialogue on U.S. trade measures, Prime Minister Anwar Ibrahim says in a speech at Asean investment conference, after U.S. announced plans to impose a 24% tariff on Malaysian exports. "There may be limited room to revisit the underlying intent, but there is still scope for adjusting the policy's implementation," he says. Malaysia will adapt as it always has, accelerating its trade diversification strategy, he adds. While staying committed to maintaining strong ties with the U.S., Anwar says he will take all necessary steps to protect the Malaysia's economic interests, including engaging proactively with the U.S., as well as strengthening ties with trading partners in the EU, Asia, the Middle East, and Africa. (yingxian.wong@wsj.com)
(END) Dow Jones Newswires
April 08, 2025 01:21 ET (05:21 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.