17-March-2026
Corporate News
 
Malaysia exits US reciprocal trade deal after Supreme Court ruling
16-Mar-2026

Malaysia has withdrawn from a trade agreement with the United States, becoming the first country to abandon a pact negotiated under Washington’s reciprocal tariff strategy after a court ruling removed the legal basis for the policy. On March 15, Malaysia’s Minister of Investment, Trade and Industry Johari Abdul Ghani announced that the Agreement on Reciprocal Trade (ART) between the two countries was now “null and void”. The decision follows a February 20 ruling by the Supreme Court of the United States that struck down reciprocal tariffs imposed by the administration of Donald Trump under the International Emergency Economic Powers Act.

News Source:- https://www.newindianexpress.com/business/2026/Mar/15/malaysia-exits-us-reciprocal-trade-deal-after-supreme-court-ruling