Malaysia Seeks US Tariff Exemption On Aerospace Sector

Quick Summary:

Malaysia has confirmed that there are negotiations with Federal Officials to exempt critical industries like maintenance, repair, and overhaul (MRO) from retaliatory tariffs.

Investment, Trade, and Industry Ministry (Miti) deputy secretary-general (Industry) Datuk Hanafi Sakri said the government is committed to strengthening Malaysia’s role in the global aerospace supply chain".

Malaysia’s aerospace industry, currently valued at an estimated RM25 billion, is targeting RM55 billion in output by 2030 under the Malaysian Aerospace Industry Blueprint (MAIB).

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Article Details

Author / Journalist: Editor

Category: EconomyBusiness

Markets: MalaysiaJapan

Topics: News Aerospace

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 09:50:24 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 537 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Business Today

News ID: 28490763

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