Malaysia could face punitive tariffs of up to 100 percent on its exports to the US if it had rejected the recently concluded Malaysia-US Reciprocal Trade Agreement; Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz said today.

Responding to former prime minister Muhyiddin Yassin’s criticisms of the deal, Zafrul (above) said rejecting the agreement would not only threaten Malaysia’s export competitiveness but also undermine investor confidence in the country...