A win for ‘sovereign rights’? Malaysia agrees 19% tariff deal with Trump

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US President Donald Trump’s decision to impose a reduced tariff of 19 per cent on Southeast Asia’s largest economies was a “positive outcome”, Malaysia said on Friday, even as the region’s exporters prepare for the possibility that US consumers may struggle to afford the increased prices on imported goods.After months of intense negotiations that panicked the region’s export-reliant economies, Trump announced the revised rate in an executive order published late on Thursday.Initially, leaders...