Dhaka to make zero duty on 100 items
The commerce ministry in Bangladesh on Monday sent a letter to the United States Trade Representative saying duty on 100 items will be cut to zero.
Tags : Tariff
Bangladesh to send two letters to US on tariff
Bangladesh will send two letters to the United States in the next 48 hours specifying its strategies in response to the US reciprocal tariff policy, said officials on Sunday...
RMG workers鈥� union wants parley with US
Sammilita Garment Sramik Federation urged the interim government to engage in diplomatic talks with the US over the reciprocal tariffs imposed by the Trump administration, emphasising the need for an acceptable solution to prevent negative impacts of the tariff on workers...
UK readies to protect industry amid US tariffs
The 鈥榳orld as we knew it鈥� is over, UK prime minister Keir Starmer said Sunday, as the world braced for further fallout from the introduction of US tariffs...
US farmers see tariffs threaten earnings
As president Donald Trump鈥檚 sweeping global tariffs took effect this weekend, US farmers hoping for a profit this year instead found themselves facing lower crop prices 鈥� and the prospect of ceding more ground on foreign markets...
Bangladesh to seek review of聽new US tariff
Bangladesh will appeal for a review of the recently-announced reciprocal tariff by the United States to tackle the heated issue sweeping the world.
US passion for tariffs rarely pays off, economists warn
Long before Donald Trump鈥檚 鈥楲iberation Day鈥� announcement, the United States had toyed with imposing high tariffs throughout its history, with inconclusive鈥攁nd sometimes catastrophic鈥攔esults...
How can the EU respond to Trump tariffs?
The EU has 鈥榚verything on the table鈥� as a response to president Donald Trump鈥檚 sweeping new tariffs聽 -- including possibly targeting US Big Tech and taxing more American goods 鈥� should talks with Washington fail...
California to defy Trump鈥檚 tariffs
California governor Gavin Newsom said Friday that he will seek agreements with the rest of the world to avoid the expected retaliations against US president Donald Trump鈥檚 tariffs...
IMF chief says US tariffs big risk to global economy
IMF chief Kristalina Georgieva on Thursday said new US tariffs 鈥榗learly represent a significant risk to the global outlook鈥� and urged Washington to work with its trade partners.
Automakers shift gears after Trump tariffs
Automakers have already started to adapt to the 25-per cent tariff imposed on car imports by US president Donald Trump, from pausing production to raising prices or halting certain models.
Trump tariffs to test resilience of US consumers
In unveiling tariffs this week challenging the decades-old international trade order, president Donald Trump lambasted globalisation as a raw deal for the United States that has devastated US manufacturing towns.
US tariffs could shrink global trade volume by 1pc: WTO
US president Donald Trump鈥檚 worldwide tariff salvo could lead to an overall contraction of around 1 per cent in global merchandise trade volumes this year, the WTO chief warned Thursday.
China announces 34pc reciprocal tariffs on US goods
China announced 34 per cent tariffs on US imports聽on Friday, the first major economy to fire back against president Donald Trump鈥檚 swingeing new levies in an escalating global trade war that sent markets deep into the red.
Trump's tariffs: A tax on American consumers
As global financial markets plunge in the wake of US President Donald Trump's 鈥楲iberation Day鈥� tariffs, Americans must also grapple with the potentially long-lasting impact of the move on household budgets.
World reacts聽to Trump聽tariffs
US president Donald Trump鈥檚 sweeping new tariffs on imports to the United States from countries right across the globe drew a wave of condemnation.
37pc US tariff on Bangladesh's exports sparks concerns
The United States has imposed a steep 37 per cent tariff on Bangladeshi exports, raising concerns about the resultant economic fallout and declining trade competitiveness for Bangladesh.
RMG sector in Bangladesh faces challenges as US slaps high tariffs
The country鈥檚 readymade garment manufacturers expressed concern over the US鈥檚 fresh 37 per cent tariff imposition on all Bangladeshi exporting products...
China vows 鈥榗ountermeasures鈥� to sweeping new US tariffs
China on Thursday said it 鈥榝irmly opposes鈥� sweeping new US tariffs on its exports, vowing 鈥榗ountermeasures鈥� to protect its rights and interests...
Cambodia commerce ministry says US tariffs 鈥榥ot reasonable鈥�
Harsh new trade tariffs imposed on Cambodia by US president Donald Trump are 鈥榥ot reasonable鈥�, the Southeast Asian country鈥檚 commerce ministry said Thursday...
US business groups voice dismay at Trump鈥檚 tariffs
President Donald Trump鈥檚 tariff announcement on Wednesday was widely panned by US business lobbying groups, who voiced concern about the impact of the sweeping new duties on their operations...
Lanka warns US tariffs threaten 鈥榯housands鈥� of jobs
Sri Lanka鈥檚 apparel manufacturing industry warned on Thursday that sweeping US tariffs will disrupt the island鈥檚 largest export sector and place thousands of jobs at risk...
Tiny island with 2000 residents faces 29pc US tariff
Australia expressed puzzlement Thursday over Donald Trump's decision to slap a 29-percent trade tariff on its tiny Pacific territory of Norfolk Island.
US leader Trump unveils sweeping global tariffs
US president Donald Trump on Wednesday unveiled a raft of punishing tariffs targeting countries around the world including some of its closest trading partners, in a move that risks sparking a ruinous trade war.
Major economies vow retaliation as Trump set to unleash tariffs
US president Donald Trump was poised to unveil sweeping new 鈥楲iberation Day鈥� tariffs on Wednesday, but kept the world guessing until the last minute about the scope of an onslaught that could spark a global trade war...
Trump tariffs threaten Japan auto sector
Business was already tough for auto parts maker Asahi Tekko, but with US car tariffs due to bite this week its president has a simple message for Donald Trump: 鈥楪ive me a break.鈥�...
Global outcry as Trump heaps 25pc tariffs on auto imports
World powers on Thursday blasted US president Donald Trump鈥檚 steep tariffs on imports of vehicles and car parts, vowing retaliation as a widening trade war intensifies...
EU tariffs not a deterrent, says Chinese EV maker XPeng
Chinese electric vehicle maker XPeng said Friday that European Union tariffs on EVs made in China have had a 鈥榣arge economic impact鈥� but will not deter the firm鈥檚 plans to tap European markets...
China, EU vow steps against US steel tariffs
China and the EU vowed Wednesday to strike back and defend their economic interests against sweeping new US steel and aluminium tariffs, moving Washington closer to an all-out trade war with two major partners...
US delays Mexico, Canada tariffs
US president Donald Trump on Thursday delayed some tariffs targeting Canada and Mexico, leading Ottawa to halt an upcoming wave of countermeasures 鈥� offering a reprieve to companies and consumers after blowback on financial markets.