Finance affairs adviser Salehuddin Ahmed said on Wednesday Bangladesh would engage in negotiations with the United States over retaliatory tariffs, emphasising that efforts would be made to avoid any actions that could escalate tensions...
The US economy unexpectedly contracted in the first three months of this year, according to fresh data published Wednesday, due largely to a surge in imports ahead of the introduction of sweeping tariffs by president Donald Trump...
South Korean tech giant Samsung Electronics reported a better-than-expected 21.7 per cent rise in first-quarter net profit on Wednesday as consumers rushed to buy smartphones under the looming threat of US tariffs...
Sweden鈥檚 Volvo Cars announced Tuesday a plan to cut costs by 18 billion kronor ($1.9 billion), including through job cuts, as its profits fall and the auto sector navigates US tariffs...
Stockpiling is the reflex response by firms to the imposition of tariffs, but with the rapidly-changing position of the Trump administration, companies are finding that it is not so straightforward this time around...
Japanese prime minister Shigeru Ishiba left Sunday for a four-day trip to Vietnam and the Philippines, as Tokyo seeks to shore up regional ties after Donald Trump鈥檚 tariff onslaught...
South Korea has proposed a 鈥榩ackage deal鈥� to Washington to avoid Donald Trump鈥檚 steep tariffs, its finance minister said Friday, which US Treasury Secretary Scott Bessent said could bring a trade 鈥榰nderstanding鈥� by next week.
THE United States has introduced a 37 per cent reciprocal tariff on Bangladeshi exports as part of a broader trade policy shift, significantly affecting the country鈥檚 apparel industry, which accounts for 80 per cent of Bangladesh鈥檚 export revenue.
Volkswagen could relocate some production of its high-end Audi line to dodge US tariffs on automobiles ordered by president Donald Trump, the German carmaker鈥檚 CEO said in an interview released Friday...
The country's apparel manufacturers expressed concern that if the 37 per cent tariff on readymade garment (RMG) exports to the US market is not fully withdrawn, Bangladesh鈥檚 leading export sector may face an average monthly duty burden of $250 million...
Economist Rehman Sobhan on Thursday said rushing to Washington in a show of modesty to deal with the newly announced tariff policy by the United States was not a good strategy...
The World Trade Organisation has observed that Trump鈥檚 tariff hike could open the door for Bangladesh to expand its exports to the United States...
Bangladesh interim government commerce adviser Sk Bashir Uddin on Wednesday said that a high-level delegation was set to visit the United States next week to discuss tariff issues...
National Board of Revenue chairman Md Abdur Rahman Khan on Tuesday said that the government would focus on removing non-tariff barriers in the budget for the forthcoming financial year 2025-26...
Trump suggested Sunday that the exemption would be only temporary and said he still planned to put barriers up on imported semiconductors and much else鈥�
Stock markets on Monday welcomed US tariff exemptions for electronics, but President Donald Trump signalled the reprieve would be temporary and warned no country would get 鈥榦ff the hook鈥� in his trade war -- especially China...
Executive director of the Centre for Policy Dialogue (CPD) Fahmida Khatun on Saturday said the high tariff policy of the US is a 鈥榳akeup鈥� call for Bangladesh since the country would not get more duty facility beyond LDC graduation.
Economists and industry insiders urged the government to use the 90-day hiatus in the United States administration鈥檚 tariffs on exporting items to most countries, including Bangladesh.
The Trump administration has announced a series of major exemptions to its punishing global tariffs鈥攁n apparent step back in an escalating trade war with China.
US president Donald Trump鈥檚 delay of steeper tariffs may have won brief respite on Wall Street, but analysts say his actions 鈥� which hit China especially hard 鈥� already bring the average US effective tariff rate to its highest in over a century.
China said Friday it would raise its tariffs on US goods to 125 per cent in a further escalation of a trade war that threatens to bring exports to a halt between the world鈥檚 two biggest economies.
Jitters about US tariffs hammered Asian stocks again early Friday as President Donald Trump acknowledged a 'cost' to his surging trade offensive against superpower rival China...
Commerce adviser Sheikh Bashir Uddin on Thursday welcomed the US decision to suspend the reciprocal tariffs for most countries for 90 days.
Economic ministers of the ASEAN regional bloc committed on Thursday 鈥榯o not impose any retaliatory measures鈥� against the United States over sweeping tariffs and said they were ready to engage in talks...
US President Donald Trump declared a complete halt on all 'reciprocal' tariffs that took effect at midnight, with the exception of those imposed on China....
US president Donald Trump鈥檚 punishing tariffs on dozens of economies came into force Wednesday, including 104 per cent in levies against Chinese goods, sending markets into a tailspin again...
The EU plans tariffs of up to 25 percent on US goods in retaliation for levies on metals, but will spare bourbon to shield European wine and spirits from reprisals, according to a document seen by AFP on Tuesday...
The investors of Bangladesh Export Processing Zones have expressed their deep appreciation for the government鈥檚 prompt and strategic initiative following the recent announcement by the US administration of imposing a 37 per cent 鈥榬eciprocal tariff鈥� on Bangladeshi exports...
The country鈥檚 businesses urge the government to enter into direct negotiations with the United States regarding the newly imposed 37 per cent reciprocal tariff on exporting items from Bangladesh...
THE Trump tariff shock is going to take a bit of time to sink in, though stock markets worldwide have already sunk. Altogether, 60 countries have been slapped with at least 10 per cent tariffs; those with large trade surpluses with the US will pay a much higher rate. Trump鈥檚 public argument was two-fold: force US trade partners with the highest surpluses to lower their...