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Tags : Tariff


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Who wins, who loses?

IN A world of escalating trade tensions and transactional diplomacy, tariffs have re-emerged as pivotal instruments for recalibrating national economies. At their core, tariffs are not merely financial levers; they are strategic tools for what one might call economic homeostasis — a term borrowed from physiology, which refers to maintaining equilibrium across key...

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Trump tariffs don’t spare his fans in EU

Hungarian prime minister Viktor Orban promised that the return of his ‘dear friend’ Donald Trump as US president would usher in a new ‘golden age’...

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Incoming pharma tariff may go as high as 250pc: Trump

US president Donald Trump said Tuesday that upcoming tariffs on imported pharmaceuticals could reach 250 per cent, after starting at a lower level, while adding he plans to also unveil fresh duties on foreign semiconductors...

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South Africa eyeing new markets after US tariffs

South Africa is seeking new markets in Africa and Asia as it negotiates with the United States over looming 30-per cent trade tariffs, which could cost around 30,000 jobs, officials said Monday...

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Trump tariff rates unlikely to change

New US tariff rates are ‘pretty much set’ with little immediate room for negotiation, Donald Trump’s trade advisor said in remarks aired Sunday, also defending the president’s politically driven levies against Brazil...

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July exports witness 25pc growth to $4.77bn

The export earnings in July, the first month of the 2025-26 financial year, witnessed a 24.9 per cent robust growth to $4.77 billion, mainly driven by readymade garments...

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Tariff can be reduced by using US raw materials

The recently announced 20 per cent reciprocal tariff on Bangladeshi goods exported to the United States could be reduced further by using US raw materials, said business leader Mahmud Hasan Khan Babu...

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Laos braced for blow of Trump tariff

Hawking clothes outside the garment factory where her daughter toils inside, a Laos vendor weighs US president Donald Trump’s threat of trade tariffs that may soon snarl both their livelihoods...

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Gains in US tariff can only be evaluated in light of offers

THE reciprocal tariff that the United States has finally, after three rounds of negotiations in July, imposed on goods import from Bangladesh at 20 per cent, lowered from 35 per cent that the United States on July 8 announced, is viewed as something that has brought about short-term relief. The tariff came into effect on August 1, making Bangladeshi exporters pay a 20 per cent...

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Trump unveils slew of new tariffs

President Donald Trump unveiled new tariffs Thursday on nearly 70 countries — including a blistering 35 per cent on neighbour Canada — as he seeks to reshape global trade to benefit the US economy.

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US takes in $87b from tariffs in H1

The United States took in more revenue from tariffs in the first six months of 2025 than it did in all of 2024, according to data from the US Treasury compiled by AFP.

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Exporters relieved, but warn of consumption decline

The reduction in reciprocal tariff of the United States on imports of Bangladeshi goods to 20 per cent from previously announced 35 per cent brought relief for the country’s exporters.

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Yunus greets Bangladesh tariff negotiators

Bangladesh interim government chief adviser Professor Muhammad Yunus on Friday congratulated Bangladesh tariff negotiators on securing a landmark trade deal with the the United States.

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Tariff cut brings relief as offers worry: economists

The United States has decided to reduce the reciprocal tariff on imported goods from Bangladesh to 20 per cent from the previously announced 35 per cent following a series of negotiations over the past month.

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Tariff talks enter final day

The third round of the tariff talks between Bangladesh and the United States entered the third and final day on Thursday, with Dhaka trying to strike a deal in a last-ditch attempt to reduce ‘reciprocal’ tariff imposed by the Trump administration.

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US, Pakistan strike tariff deal

The United States and Pakistan have finalised a deal that will lower tariffs for Pakistan and include US assistance in developing the country’s oil reserves, officials from both sides confirmed as reported by The Economic Times...

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3rd-round tariff talks enter 2nd day

The third round of tariff talks of Bangladesh with the United States entered the second day on Wednesday, just one day before a steep 35 per cent tariff on Bangladeshi exports to the US market comes into effect...

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HSBC banks lower profits on higher costs

Bank giant HSBC said Wednesday that group profits fell in the first half on higher costs but noted that it was ‘well positioned’ to deal with the effects of US tariffs...

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Trump imposes 25 per cent tariff on Indian imports

The US president, Donald Trump, said Wednesday that imports from India will face 25 per cent tariffs, while also announcing an unspecified ‘penalty’ for New Delhi’s purchases of Russian weapons and energy.

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Third-round tariff talks begin

The third round of tariff talks with the United States was scheduled to begin at about 12:30pm on Tuesday (Washington time), according to a message received from commerce ministry officials...

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IMF lifts 2025 growth forecast

The IMF raised its global growth forecast Tuesday as efforts to circumvent Donald Trump’s sweeping tariffs sparked a bigger-than-expected surge in trade, while the US president stepped back from some of his harshest threats...

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Barclays bank profit jumps on US tariff volatility

British bank Barclays posted on Tuesday second quarter profits that beat expectations as traders benefitted from volatility in global markets caused by US president Donald Trump’s tariff blitz...