Mustapa: Malaysia did not "cheat" or break any international trade laws

KUALA LUMPUR: International Trade and Industry Minister Datuk Seri Mustapa Mohamed said Malaysia did not "cheat" or break any international trade laws as accused by the US President Donald Trump.
"We are supporters of free and fair trade and we did not manipulate our currency or provide assistance that were against international laws including WTO," he told reporters at the sidelines of the Malaysia and Britain "Partners in a post-Brexit world" panel session today.
Mustapa, who strongly denied the accusation, said that the ministry is preparing and compiling facts to correct the accusation.
Last week, Trump's administration said it will pinpoint countries and goods responsible for the country's US$50 billion trade deficit and will look for evidence of "cheating", lax enforcement and currency misalignment, among others.
The countries named include Japan, Germany, Mexico, Ireland, Vietnam, Italy, South Korea, Malaysia, India, Thailand, France, Switzerland, Taiwan, Indonesia and Canada.