Malaysia still has time to negotiate better terms following the United States’ decision to defer its tariff enforcement date to Aug 1, 2025, from the earlier scheduled date of July 9, CIMB Securities Sdn Bhd said.

In a note today, the research firm said the US had signalled that the tariff rate could be adjusted downward if Malaysia agreed to remove specific tariff and non-tariff barriers or committed to direct investments in US manufacturing facilities.