US Reciprocal Tariffs – Minimize Impact and Regulate Response

On 2 April 2025, US President Donald Trump announced a tariff hike on goods imported from other parts of the world into the United States of America, consisting of a unilateral baseline 10% on all imports to the US (implemented on 5 April 2025); and “Reciprocal” and country-specific tariffs, with rates purportedly assigned to each country based on the prevailing trade deficit between the US and that country (to take effect on 9 April 2025).

Malaysia was hit with a 24% tariff on its imports to the US, a significant increase from the previous 2.2% trade-weighted average tariff.

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The CPTPP and Promoting Transparency and Combating Corruption in Trade

Chapter 26 of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (“CPTPP”) focuses on the transparency and anti-corruption measures adopted by the Parties, namely the 11 Countries that have ratified the CPTPP. These provisions play a crucial role in fostering trust and accountability in international trade and investment, particularly for countries like Malaysia.

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The CPTPP and Intellectual Property

The CPTPP contains a comprehensive chapter on IP, which sets a regional standard for the protection and enforcement of IP rights across the Asia-Pacific region. The chapter includes provisions in almost all categories of IP rights and builds on the framework established under existing international IP treaties, such as the agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) and the Berne Convention, which falls under Article 18.7 of CTPPP.

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The CPTPP and its Impact on the Environment 

In Chapter 20 of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (‘CPTPP’), it enshrines a detailed chapter on protecting the environment. This specific chapter places a tantamount commitment to all Parties under the CPTPP to encourage high levels of environmental protection. The CPTPP also ensures that parties do not derogate from their respective environmental laws while fostering trade and investment between the parties.

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Malaysia and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a free trade agreement encompassing a diverse range of economies across the Pacific rim. For Malaysia, the CPTPP represents a significant opportunity to strengthen its economic position while addressing the challenges of globalisation. This article is a part of a series of articles that aim to discuss and and dissect several different aspects of the CPTPP.

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Supply Chain Logistics 101

Written by Marlysa Razak and Low May Ping Introduction Due to the advancement of technology, the idea of supply chain has been growing over time. Today, supply chains often exist between the businesses, as it…

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