Malaysia plans to invest up to $150 billion over the next five years in U.S. equipment

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Days after Malaysia reportedly reached a trade agreement with the United States that reduces the proposed 25% tariff on its exports to 19%, it revealed it is committing to over $150 billion in purchases and investments. It is believed that the sum is sufficient to address the trade imbalance with the U.S., with a goods trade deficit of $24.8 billion between both countries in 2024. Malaysia commits to the United States for trade As part of the deal, Malaysia is expected to spend up to $150 billio...