The governments of China and the US released a joint statement on May 12, 2025, announcing a significant easing of trade tensions, with both sides agreeing to roll back certain tariffs and resume high-level consultations aimed at stabilizing economic relations. The move is seen as a strategic effort to de-escalate ongoing trade frictions and reestablish a framework for long-term, mutually beneficial economic cooperation
Malaysia boasts resilient economic and industrial fundamentals, underpinned by reliable infrastructure, natural resource availability, and an established manufacturing base. In the Southeast Asian semiconductor landscape, it ranks just behind Singapore, home to cutting-edge wafer fabs, but leads the region in large-scale assembly, testing, and packaging operations