Kuala lumpur: Securing the Malaysia-United States Agreement on Reciprocal Trade (ART) means stable jobs and thriving industries for Malaysian small and medium enterprises (SMEs) even in uncertain times, said the American Malaysian Chamber of Commerce (AMCHAM).

According to BERNAMA News Agency, the chamber stated that the agreement will provide Malaysian SMEs with tariff-free access to the US market, making exports easier and more cost-effective. The opportunity allows local SMEs to integrate as high-value supply chain partners to US firms in high-tech industries and to invest in innovation, technology, and workforce upskilling.

AMCHAM noted that with government and business support, SMEs can leverage these new openings to expand globally. Malaysia’s technology and pharmaceutical sectors have received a significant boost, and zero tariffs will pave the way for greater exports, partnerships, and global leadership.

The chamber further explained that the Malaysia-US ART supports the nation by lowering barriers to trade with the US, protecting local industries and jobs, enabling regulatory harmonisation, and expanding access to social and cultural programmes, all while upholding Malaysia’s national interests.

The ART between Malaysia and the US was signed on Oct 26 by Prime Minister Datuk Seri Anwar Ibrahim and US President Donald Trump, who was visiting Malaysia to attend the 47th ASEAN Summit and related meetings.