0404 GMT - Malaysia's economic outlook isn't expected to shift significantly if the proposed Section 301 U.S. tariff is implemented, Kenanga Investment Bank economists say in a note. A new 10% duty would replace rather than be stacked on top of the temporary levy enacted under Section 122, effectively keeping the overall tariff burden at similar levels, they say. Malaysia could also retain a relative trade advantage if it remains in the lower tariff tier versus regional peers, the economists add. Investors are expected to focus on the final list of product exclusions and whether the planned 10% tariff on Malaysia is maintained after the U.S. concludes its review, they write. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

July 22, 2026 00:04 ET (04:04 GMT)

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