KUALA LUMPUR, March 15 -- The Agreement on Reciprocal Trade (ART) between Malaysia and the US is no longer valid, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani confirmed.

The minister explained that the trade arrangement became inapplicable following a US Supreme Court ruling in February that struck down broad tariff measures introduced under former President Donald Trump, the New Straits Times reported.

"It is not on hold. It is no longer there, it's null and void," Johari said.

"The United States Supreme Court has ruled that if you want to impose tariffs, you must have reasons. They cannot impose tariffs on a blanket basis."

Speaking to reporters after an event in his constituency, Johari said the US is now s...