Decoding Trump's 'Liberation Day' tariffs

In this commentary, Ng Sue Lynn, Head of Indirect Tax at KPMG in Malaysia, shared her thoughts on the Liberation Day tariffs and their potential impact on global trade and supply chains. She highlighted the importance of businesses remaining agile in response to these changes, particularly with Malaysia’s 24% reciprocal tariff. Sue Lynn also underscored that businesses must take proactive steps, including exploring alternative markets and revisiting contracts, to ensure continued competitiveness and safeguard market share in an evolving trade environment.

Read the full story in the attachment below:

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