Analysts warn stance risks triggering retaliation from Trump administration
U.S. President Donald Trump, left, and Malaysian Prime Minister Anwar Ibrahim meet on the sidelines of the ASEAN Summit in Kuala Lumpur in October. © Reuters
KUALA LUMPUR — After two days of confusing statements, Malaysia confirmed on Wednesday that its agreement on reciprocal trade (ART) with Washington is “null and void” and no longer applies in the wake of the U.S. Supreme Court striking down President Donald Trump’s “reciprocal” tariffs.