Glove Counters Active as Tariff Shifts Boost Outlook for Malaysian Players

“Hong Leong Investment Bank (HLIB) Research said that, on a relative basis, the 24% reciprocal tariff on the sector is likely to enhance the competitiveness of Malaysian glove players. This is especially so when compared to China, which could face a much higher tariff of 50% + 20% + 34% (set to rise to 100% […]

Malaysia Won’t Retaliate, Will Negotiate with US on Tariffs – Miti

“The Ministry of Investment, Trade & Industry (Miti) is taking seriously the reciprocal tariffs announced overnight by the US and actively engaging with US authorities to seek solutions that uphold free and fair trade. Malaysia is also committed to strengthen trade ties with the US, it said. Malaysia will also leverage the Trade and Investment […]

Rubber Glove Makers Urge Govt to Consider Emergency Support Measures Amid US Tariffs

“While the market is speculating that gloves might be exempted from the reciprocal tariff, Oon said he cannot confirm this, adding Margma is closely monitoring the situation. Just like India, where pharmaceutical goods are exempted, we believe Malaysian rubber gloves, which play a key role in providing quality healthcare equipment globally, will continue to meet […]