The Federation of Malaysian Manufacturers (FMM) has raised the alarm over a looming 25 percent blanket tariff on all Malaysian exports to the United States, set to take effect on Aug 1.

In a statement today, FMM described the latest move under Washington’s reciprocal tariffs as a major blow to local exporters already grappling with cost pressures and a challenging global trade environment.

“The manufacturing sector is already reeling from the earlier...