Johari Ghani: US forced labour issue resolved, excess capacity still pending
KUALA LUMPUR, Sept 1 — The United States (US) is expected to announce the findings of its investigation into exces...
U.S. officials are expected to release findings on Malaysia's excess capacity investigation within three to four weeks, according to Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani. The investigation is nearing completion, and Malaysia is actively collaborating with the U.S. on defining excess capacity. Johari assured reporters that the forced labour issue has been resolved.
Regarding excess capacity, Johari emphasized that Malaysia's position remains unchanged, as the U.S. definition also encompasses capacity from third countries. The U.S. has indicated that the process will conclude within the anticipated timeframe, followed by legal clearance before an official announcement. Malaysia remains among 17 economies subject to a 10% tariff under Section 301 of the Trade Act 1974, while the other 60 economies are subject to a 12.5% tariff.
Johari highlighted that Malaysia's inclusion in the 10% tariff was due to engaging with the U.S. and explaining the absence of excess capacity.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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