Which Malaysian exports are exempted from the 10 per cent tariff so far?

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Exempted Malaysian Exports from the 10 Per Cent US Tariff

Currently, several categories of Malaysian exports are exempted from the 10 per cent tariff imposed by the United States. These exemptions include oil and gas, fertilisers, aircraft and parts, and critical minerals. Additionally, certain food items are also not subject to this levy.
Specific Goods Not Subject to the New Levy

The scope of exemptions covers a range of products that are crucial to Malaysia's export economy. Beyond the broad categories, the new regulation does not impose an additional tariff on goods that are already subject to national security tariffs under Section 232 of the US Trade Act. This specifically applies to exports such as automobiles, steel, aluminium, and copper.
Impact on Key Export Sectors

While significant exemptions are in place, there are indications that some key sectors might still face the tariff. For instance, Malaysia's palm oil exports to the US, which amount to approximately RM2 billion annually, could potentially be subjected to the 10 per cent tariff. The government has stated its readiness to manage the potential impact of such a development.
Previous Tariffs and Current Rationale

It is important to note that the current 10 per cent tariff operates under a different regulatory framework than previous levies. While earlier tariffs were imposed under broader trade deficit reduction measures, the latest tariffs are being applied under Section 301 of the Trade Act of 1974, citing concerns over alleged forced labour in Malaysia's supply chain. This distinction is crucial in understanding the specific goods affected and the rationale behind the exemptions.

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Which Malaysian exports are exempted from the 10 per cent tariff so far?

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