Malaysia Looks to Expand Trade With Africa Amid Trump's Tariffs | Firstpost Africa | N18G
As U.S. President Donald Trump’s sweeping tariffs impact global markets, countries are scrambling to secure new trade partners. For some, Africa has emerged as a key opportunity. Malaysia, which faces a 24% tariff under Trump’s “reciprocal” tariffs, is looking to diversify its trade and shift focus toward the African market. Malaysia has ramped up trade with several African nations, with exports like palm oil and petroleum products reaching about $3.5 billion. In addition, the East African nation of Uganda is positioning itself as a new trade partner with its Pearl of Africa Business Forum & Expo 2025 in Kuala Lumpur. This event highlights Uganda’s investment potential in agriculture, tourism, energy, and minerals.