Did Malaysia Really Win in the New U.S. Trade Deal?
Malaysia rolled out the red carpet for Donald Trump. Smiles, ceremonies, and talk of โpeace and prosperity.โ
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But as the dust settles, we must ask honestly: ๐ฑ๐ผ๐ฒ๐ ๐ถ๐ ๐๐ฟ๐๐น๐ ๐ฑ๐ฒ๐๐ฒ๐ฟ๐๐ฒ ๐ฐ๐ฒ๐น๐ฒ๐ฏ๐ฟ๐ฎ๐๐ถ๐ผ๐ป ๐ฎ๐ป๐ฑ ๐๐ต๐ผ ๐๐ฟ๐๐น๐ ๐ฏ๐ฒ๐ป๐ฒ๐ณ๐ถ๐๐?
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Under the new USโMalaysia Reciprocal Trade Agreement, Malaysia agreed to:
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In return, the U.S. merely capped its tariffs of 19% at the same level already extended to other ASEAN countries and offered โinvestment intentionsโ that are neither binding nor guaranteed.
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In fact, Malaysia is now committed to purchasing over USD150 billion in American goods, while the promised inflow of U.S. capital stands at only USD70 billion.
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The risk is clear:
With no import tariffs, local manufacturers and SMEs will face unequal competition from cheaper U.S. goods, while Washington insists on a โlevel playing fieldโ; a phrase that too often benefits those already stronger.
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Economically, we spend more than we gain.
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Strategically, we lose leverage over our own resources and digital policies.
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Diplomatically, we appear grateful for an arrangement that treats us as a buyer, not a partner.
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We welcome trade and cooperation, but not at the expense of sovereignty or fairness.
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And while we understand the demands of diplomacy, it is painful to see warm celebration extended to a leader whose open support for Israelโs genocide against Gaza continues to offend the conscience of the world.
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Malaysia deserves partnerships that strengthen our economy and uphold our dignity.
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๐ง๐ต๐ฒ ๐พ๐๐ฒ๐๐๐ถ๐ผ๐ป ๐ถ๐, ๐ฑ๐ถ๐ฑ ๐๐ต๐ถ๐ ๐ฎ๐ด๐ฟ๐ฒ๐ฒ๐บ๐ฒ๐ป๐ ๐ฎ๐ฐ๐ต๐ถ๐ฒ๐๐ฒ ๐ฒ๐ถ๐๐ต๐ฒ๐ฟ?
Prepared by
Kluster Ekonomi & Kewangan,
Jabatan Profesional Muda (JPro)
27 October 2025