PETALING JAYA, July 10 (Bernama) — The Malaysian Plastics Manufacturers Association (MPMA) expresses deep concern over the United States’ recent decision to increase tariffs on Malaysian exports from 24% to 25%, effective 1 August 2025. This increase places added strain on Malaysia’s plastics sector, which is heavily export-oriented and facing growing pressure from regional competitors with more favourable trade terms.
To strengthen Malaysia’s negotiating position, there is an urgent need to proactively reduce existing trade barriers and import tariff with the United States in order to secure more favourable trade terms, particularly in comparison to Vietnam. One of the key steps for the Government is to consider offering tariff concessions on American plastic resins.