💨 Abstract

Malaysia is discussing with chip companies in the country about absorbing potential U.S. tariffs on semiconductors, as it seeks to protect its export-driven economy. The country is a significant exporter of chips to the U.S., with top companies like Intel and GlobalFoundries based there. The government is unsure about the impact of the tariffs but is discussing whether the costs will be passed onto consumers or absorbed by companies.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖