DAP's Lim Guan Eng urged the government to freeze the 14.2% electricity tariff hike for businesses and halt the RM10 billion additional Sales and Services Tax (SST) collections, both effective July 1. He stressed these measures are crucial to help Malaysian businesses cope with the 25% reciprocal tariffs imposed by the US, set for August 1.

Lim linked Bank Negara Malaysia's recent Overnight Policy Rate reduction to the looming tariffs and argued that Malaysia's tax and utility price hikes are counter to international practices during "tariff war" environments. He highlighted ongoing cost-of-living struggles despite positive economic indicators. Lim hopes for a freeze on these increases after upcoming discussions with government leaders. Meanwhile, Minister of Investment, Trade and Industry Datuk Seri Tengku Zafrul Aziz stated Malaysia will continue negotiations with the US for a fair solution to the new tariff