KUALA LUMPUR, July 31 (Reuters) - The U.S. tariff rate
on Malaysian goods will be announced on Friday, Malaysian Prime
Minister Anwar Ibrahim said on Thursday after speaking to U.S.
President Donald Trump.
"We discussed tariff issues in the spirit and principle of
free trade ... After the explanation I provided, he (Trump)
decided to postpone the announcement to the following day, and
the tariff rates will be announced," Anwar said in a speech to
parliament to present the country's new five-year economic plan.
Anwar also said Trump confirmed that he would attend an
ASEAN summit in Malaysia in October.
Malaysia will target annual GDP growth of 4.5% to 5.5% from
2026 to 2030, Anwar said when launching the new five-year plan.
The Southeast Asian nation is also targeting export growth
of 5.8% a year in the plan, and will strive to keep inflation at
an average rate of 2%-3% for the period, he said.
"The next five years will be a crucial period for Malaysia
to not only transition into a high-income nation but also to
provide a high quality of living for the people," Anwar said.