Anwar Says Chip Tariff Not an Issue for Now After Trump Meet (1)

Malaysian Prime Minister Anwar Ibrahim said President Donald Trump told him the US and Malaysia will deal with US tariffs on semiconductors “at the appropriate time.”

“For now, it’s not an issue,” Anwar said to Bloomberg News in a brief interview on Monday following talks with Trump in Kuala Lumpur.

Trump is considering tariffs as high as 300% on semiconductor imports, a move that threatens to hurt the world’s sixth-largest chip exporter. The US is Malaysia’s third-largest market for semiconductor exports.

Anwar Ibrahim at the Asean Summit in Kuala Lumpur on Oct. 26.

Photographer: Samsul Said/Bloomberg

The Southeast Asian nation last year pledged at least 25 billion ringgit ($5.9 billion) to support its semiconductor ...