US tariffs on heavy trucks, buses come into effect
Fresh US tariffs on imports of medium- and heavy-duty trucks took effect Saturday, although with partial relief for vehicles entering the country under a key North America trade agreement.
Tags : Tariffs
Ontario premier says goal 鈥榓chieved鈥� with US anti-tariff ad
The premier of Ontario on Monday defended his ad campaign attacking US tariffs 鈥� which prompted President Donald Trump to suspend trade talks 鈥� saying it successfully 鈥榮parked a conversation.鈥�...
New crisis looming for Europe鈥檚 carmakers
European automakers already buffeted by US tariffs and a rocky shift toward electric vehicles now face a new threat: a shortage of key semiconductors supplied by Chinese-owned Nexperia...
P&G profits rise as company sees lower tariff hit
Procter & Gamble on Friday reported higher earnings fueled in part by an improved performance in China as it projected a lower hit from tariffs...
US delays tariffs on Singapore pharma products
The United States has delayed imposing tariffs on Singapore鈥檚 pharmaceutical exports to give companies more time to negotiate exemptions, the city-state鈥檚 junior trade minister said Tuesday.
Trump tariffs on timber, furniture take effect
US president Donald Trump鈥檚 fresh tariffs on imported wood, furniture and kitchen cabinets took effect Tuesday, a development likely to fuel building costs and pile pressure on homebuyers in an already challenging market.
Indian garment exporters reel under US tariffs
When Donald Trump was elected, Indian garment exporter RK Sivasubramaniam thought the new US president would boost business and invested heavily in anticipation of a boom...
Sharp drop in German factory output stokes recession fears
German industrial production fell more sharply than expected in August, data showed Wednesday, reviving fears of a recession in Europe鈥檚 largest economy as it reels from US tariffs...
WTO hikes 2025 trade growth outlook but tariffs to bite in 2026
AI-related goods and surging exports to the United States ahead of president Donald Trump鈥檚 tariff hikes boosted global merchandise trade growth this year, the World Trade Organisation said Tuesday...
25pc tariffs on heavy trucks start Nov 1: Trump
President Donald Trump said Monday that a steep US tariff on imported heavy trucks would begin on November 1, postponing the date that he initially threatened to impose such duties...
EU channels Trump with tariffs to shield steel sector
The European Union will take a page out of US president Donald Trump鈥檚 tariff playbook on Tuesday with a plan to hike levies and slash quotas for imported steel 鈥� to protect the bloc鈥檚 struggling industry from cheap Chinese competition...
Italy working hard to prevent extra US tariffs on pasta
Italy has appealed to Washington and the European Commission in an attempt to dissuade the US from imposing a punitive tariffs on pasta imports, a deeply unpopular measure among producers...
Canada PM to meet Trump on tariffs
Canadian Prime Minister Mark Carney will meet President Donald Trump in Washington next week for talks on a trade war that is hammering Canada鈥檚 economy, Carney鈥檚 office said Friday...
Increased tariffs come into effect Oct 15
Increased tariffs on 23 out of the 52 services at the Chattogram port, the lifeline of the country鈥檚 trade, will come into effect on October 15 amid businesses鈥� opposition to the steep hikes in charges...
Nike shares rally on progress in turnaround
Nike reported a surprise increase in quarterly sales Tuesday, pointing to progress on a turnaround as it forecast a bigger cost hit from US tariffs...
South Korea posts record semiconductor exports
South Korea recorded its highest ever semiconductor exports in September, official data showed Wednesday, despite growing pressure from US tariffs and other restrictions on the crucial sector...
Chattogram port tariff hike suspended
The government has suspended the recently increased service tariffs at Chattogram port for one month, shipping adviser retired Brigadier General M Sakhawat Hossain said on Saturday.
RMG exporters seek clarity on US tariffs
Bangladesh鈥檚 readymade garment exporters have sought detailed clarification and an implementation mechanism regarding a recent United States executive order that allows a 20 per cent reciprocal tariff on Bangladeshi goods to be reduced if at least 20 per cent US-origin content or raw materials are used...
CPA re-fixes tariffs
The Chittagong Port Authority has re-fixed charges (tariffs) for its various services after almost 40 years...
US may cut tariffs further if trade deficit reduces: adviser
The United States assured that it might cut the imposed 20 per cent tariffs on Bangladeshi products if the country continues to shrink the trade deficit, said commerce adviser on Sunday...
Taiwan plans $18b for 鈥榬esilience鈥� to tariffs, China
Taiwan鈥檚 government plans to spend $18 billion on strengthening the island鈥檚 鈥榬esilience鈥�, including helping industries hit by US tariffs and boosting its defences against Chinese threats, the cabinet said Thursday...
88 postal operators suspend services to US over tariffs: UN
Postal traffic to the United States plunged more than 80 per cent following Washington鈥檚 imposition of new tariffs, with 88 operators worldwide fully or partially suspending services, the Universal Postal Union said Saturday...
US trade gap widest in four months
The US trade deficit expanded more than expected in July to its widest in four months, government data showed Thursday, on a surge in imports before a fresh wave of president Donald Trump鈥檚 tariffs kicked in...
US appeals court finds Trump鈥檚 global tariffs illegal
A US appeals court on Friday ruled that many of president Donald Trump鈥檚 tariffs, which have upended global trade, were illegal鈥攂ut allowed them to remain in place for now, giving him time to take the fight to the Supreme Court.
India will not 鈥榖ow down鈥�: trade minister
India will not 鈥榖ow down鈥� and instead focus on capturing new markets, trade minister Piyush Goyal said in his first public remarks since Washington imposed steep tariffs on Indian goods.
Bangladesh can gain add鈥檒 $2b export orders
Bangladesh can gain additional $1.2-$2.32 billion worth of export orders in the 2025-26 financial year shifted from India and China due to higher tariffs imposed on these countries by the Trump administration.
50pc US tariffs on Indian goods take effect
US tariffs of 50 per cent took effect Wednesday on many Indian products, doubling an existing duty as President Donald Trump sought to punish New Delhi for buying Russian oil...
Australia joins countries suspending post to US
Australia joined on Tuesday a string of countries suspending some postal deliveries to the United States, citing a 鈥榗omplex and rapidly evolving situation鈥� with US President Donald Trump鈥檚 looming tariffs...
Modi dangles tax cuts as US tariffs loom
Indian prime minister Narendra Modi鈥檚 push to slash consumption taxes on everyday goods could deliver billions of dollars in annual relief and boost demand in an economy bracing for painful US tariffs, experts say...
Canada removing tariffs on US goods compliant with FTA
Canada will remove all tariffs on US goods that are compliant with the existing North American free trade agreement, prime minister Mark Carney said Friday, matching exemptions affirmed earlier this month by Washington...
