Malaysia PM says will build trade relations, not wait for US tariffs

Britain's Prime Minister Keir Starmer (L) greets Malaysia's Prime Minister Anwar Ibrahim outside 10 Downing Street in London on January 15, 2025 ahead of their meeting. (AFP file)
Short Url
Updated 04 February 2025
Follow

Malaysia PM says will build trade relations, not wait for US tariffs

KUALA LUMPUR: Malaysia will actively build trade relations with other countries, such as China, Russia and Brazil, instead of waiting for the impact of potential US trade tariffs, Prime Minister Anwar Ibrahim said on Tuesday.
Anwar told parliament waiting for United States’ tariffs would have a negative impact on Malaysia, adding there was uncertainty following US President Donald Trump’s 30-day pause on tariffs on Canada and Mexico.
US tariffs on China are still due to take effect.
Anwar said Malaysia could not act hastily in countering tariffs as there remained many geopolitical uncertainties.
“On our part, we must take proactive steps... to aggressively open a wider network of trading partners,” Anwar said.


Cuba’s president says no current talks with the US following Trump’s threats

Updated 11 sec ago
Follow

Cuba’s president says no current talks with the US following Trump’s threats

  • Cuba was receiving an estimated 35,000 barrels a day from Venezuela before the US attacked, along with some 5,500 barrels daily from Mexico and roughly 7,500 from Russia, according to Jorge Piñón of the Energy Institute

HAVANA: Cuban President Miguel Díaz-Canel said Monday that his administration is not in talks with the US government, a day after President Donald Trump threatened the Caribbean island in the wake of the US attack on Venezuela.
Díaz-Canel posted a flurry of brief statements on X after Trump suggested that Cuba “make a deal, BEFORE IT IS TOO LATE.” He did not say what kind of deal.
Díaz-Canel wrote that for “relations between the US and Cuba to progress, they must be based on international law rather than hostility, threats, and economic coercion.”
He added: “We have always been willing to hold a serious and responsible dialogue with the various US governments, including the current one, on the basis of sovereign equality, mutual respect, principles of International Law, and mutual benefit without interference in internal affairs and with full respect for our independence.”
His statements were reposted by Cuban Foreign Minister Bruno Rodríguez on X.
A key lifeline severed
On Sunday, Trump wrote that Cuba would no longer live off oil and money from Venezuela, which the US attacked on Jan. 3 in a stunning operation that killed 32 Cuban officers and led to the arrest of President Nicolás Maduro.
Cuba was receiving an estimated 35,000 barrels a day from Venezuela before the US attacked, along with some 5,500 barrels daily from Mexico and roughly 7,500 from Russia, according to Jorge Piñón of the Energy Institute at the University of Texas at Austin, who tracks the shipments.
On Monday, Mexican President Claudia Sheinbaum once again declined to provide data on current oil shipments or say whether such shipments would increase when Venezuelan supplies end. She insisted that the aid “has been ongoing for a long time; it’s not new.”
Sheinbaum said Mexico’s fuel supply to Cuba is not a concern for her country because “there is enough oil” — even though production of state-owned oil company Petróleos Mexicanos is steadily declining. She reiterated that her government is willing to facilitate dialogue between the US and Cuba if both agree.
Even with oil shipments from Venezuela, widespread blackouts have persisted across Cuba given fuel shortages and a crumbling electric grid. Experts worry a lack of petroleum would only deepen the island’s multiple crises that stem from an economic paralysis during the COVID-19 pandemic and a radical increase in US sanctions following the first Trump administration, which aim to force a change in Cuba’s political model.
The communist government has said US sanctions cost the country more than $7.5 billion between March 2024 and February 2025, a staggering sum for an island whose tourism revenue reached some $3 billion annually at its peak in the previous decade.
The crisis also has triggered a large wave of migration primarily to the United States, where Cubans enjoyed immigration privileges as exiles. Those privileges were curtailed before Trump closed US borders.
‘They didn’t even bring Cuban coffee’
The situation between the US and Cuba is “very sad and concerning,” said Andy S. Gómez, retired dean of the School of International Studies and senior fellow in Cuban Studies at the University of Miami.
He said he sees Díaz-Canel’s latest comments “as a way to try and buy a little bit of time for the inner circle to decide what steps it’s going to take.”
Gómez said he doesn’t visualize Cuba reaching out to US officials right now.
“They had every opportunity when President (Barack) Obama opened up US diplomatic relations, and yet they didn’t even bring Cuban coffee to the table,” Gómez said. “Of course, these are desperate times for Cuba.”
Michael Galant, senior research and outreach associate at the Center for Economic and Policy Research in Washington, D.C., said he believes Cuba might be willing to negotiate.
“Cuba has been interested in finding ways to ease sanctions,” he said. “It’s not that Cuba is uncooperative.”
Galant said topics for discussion could include migration and security, adding that he believes Trump is not in a hurry.
“Trump is hoping to deepen the economic crisis on the island, and there are few costs to Trump to try and wait that out,” he said. “I don’t think it’s likely that there will be any dramatic action in the coming days because there is no rush to come to the table.”
Cuba’s president stressed on X that “there are no talks with the US government, except for technical contacts in the area of ​​migration.”
As tensions remained heightened, life went on as usual for many Cubans, although some were more concerned than others.
Oreidy Guzmán, a 32- year-old food delivery person, said he doesn’t want anything bad to happen to Cubans, “but if something has to happen, the people deserve change.”
Meanwhile, 37-year-old homemaker Meilyn Gómez said that while she doesn’t believe the US would invade Cuba, she was preparing for any possible outcome under Trump: “He’ll find entertainment anywhere.”
The current situation is dominating chatter among Cubans on the island and beyond.
“Cuban people talk and talk,” said 57-year-old bartender Rubén Benítez, “but to be honest, eleven, eight or nine million will take to the streets to defend what little we have left.”