Nanyang Siang Pau, 9 April 2025
With the implementation of Liberation Day tariffs, Ng Sue Lynn, Head of Indirect Tax at KPMG in Malaysia, penned her insights on what this means for Malaysian businesses and their supply chains. She emphasized that Malaysia's 24% reciprocal tariffs will not only impact the country's competitiveness but also reshape global trade dynamics. However, Sue Lynn highlighted that businesses can mitigate the impact by adopting medium- and long-term measures, including monitoring policy changes, diversifying sourcing options, and restructuring supply chains.
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