Tariff Cut On Vehicles, Rice, Others To Weaken Local Products – Economist Warns

Stakeholders have expressed concern over the Federal Government’s approval of the 2026 Fiscal Policy Measures (FPM), warning that planned reductions in import tariffs on vehicles, rice and other goods could weaken local production and threaten domestic industries. The policy, which introduces significant tariff adjustments, is widely viewed by experts as a delicate balancing act with […]

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