Amid Trump’s chip tariff threat, can Penang remain ‘Silicon Valley of the East’?
Ana Maria Rus
While Penang's chief minister told CNA that the state retains strong interest from American and Chinese multinational corporations, experts fear that a substantial tariff rate by Washington for the semiconductor sector could diminish its role in the global supply chain. KUALA LUMPUR: A threat by United States President Donald Trump to impose tariffs on semiconductor imports has cast a dark cloud over Penang, with experts saying it could derail a boom which has propelled the northern
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