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Kamala Lakhdhir, the US ambassador to Malaysia, believes that Malaysia plays a key role in the global supply chain and that the situation is "unpredictable". stay here for the long term. (Photo by Bernama)
GEORGE TOWN: The US ambassador to Malaysia, Kamala Lakhdhir, said that the exit of US companies from Malaysia, because of commercial tariffs and tax breaks in the United States United, is highly unlikely. Lakhdhir said that US investment in Malaysia will remain strong, especially with the electronics industry, led by chip maker Intel, likely to stay here for a long time
She said it was because that US companies in Malaysia are part of a larger global supply chain and any changes would have an impact on global trade and exports.
"It's hard to speculate on the situation in the US and China, but there are long-standing reasons to be in Malaysia, which has a lot to do with trade, infrastructure and the watershed.
"Many are determined to stay in Malaysia. In terms of expansion, they are mainly looking for new policies of the new government.
"Overall, I think the answer to this business exit question is" no ".
"Sometimes it is difficult to pack. It's not like you could pack Intel into a suitcase and go there, "she said after visiting USNS Brunswick, a Navy support vessel moored at Swettenham Pier today.
The United States will impose $ 34 billion on Chinese imports from noon tomorrow (Malaysia time), escalating a trade war with China.
China has indicated that it will retaliate but has not yet announced its intentions.
Reports indicate that tariffs will affect financial markets
