Malaysia says U.S. will bear costs of increased tariffs on palm oil

Malaysia anticipates that American importers will shoulder the burden of increased tariffs on palm oil. This is because the commodity lacks a viable substitute in the United States. The announcement follows U.S. President Donald Trump's decision t...

By Reuters | Jul 08, 2025, 02.07 PM IST

U.S. President Donald Trump (File Photo)

Malaysia's plantations and commodities minister said on Tuesday U.S. importers will have to bear the cost of additional tariffs on palm oil, as there was no alternative to the commodity in the United States.

Johari Abdul Ghani's comments came after U.S. President Donald Trump announced a 25% tariff on Malaysian exports to the United States, effective August 1.

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