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Tags : US tariff


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Trump to set unilateral tariffs within weeks

President Donald Trump plans to inform trading partners of unilateral US tariff rates in the coming weeks, as a July deadline approaches for steeper levies to kick in on dozens of economies...

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Unemployment in UK highest since 2021

Britain’s unemployment rate has reached the highest level since August 2021, official data showed Tuesday, with businesses facing a UK tax hike and US tariffs...

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Nissan posts $4.5b annual net loss

Japan’s Nissan posted an annual net loss of $4.5 billion on Tuesday while saying it plans to cut 15 per cent of its global workforce and warning about the possible impact of US tariffs...

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UK, India strike trade deal amid US tariff blitz

The UK on Tuesday agreed a free trade agreement with India, its biggest such deal since leaving the European Union, after negotiations relaunched in February following US tariff threats...

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Bangladesh may seek extension of US tariff pause: Salehuddin

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...

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Samsung Electronics posts 22pc jump in Q1 net profit

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...

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Volvo Cars launches $1.9b cost-cutting plan

Sweden’s 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...

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Volkswagen to make Audis in US to adjust tariffs

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’s CEO said in an interview released Friday...

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Apparel exporters likely to pay $250m monthly

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’s leading export sector may face an average monthly duty burden of $250 million...

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EPZ investors laud govt’s swift response over US tariff

The investors of Bangladesh Export Processing Zones have expressed their deep appreciation for the government’s prompt and strategic initiative following the recent announcement by the US administration of imposing a 37 per cent ‘reciprocal tariff’ on Bangladeshi exports...

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ICC for US tariff negotiation

The country’s 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...

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UK readies to protect industry amid US tariffs

The ‘world as we knew it’ is over, UK prime minister Keir Starmer said Sunday, as the world braced for further fallout from the introduction of US tariffs...

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US TARIFF ON CANADA, MEXICO, CHINA: A window of opportunity for Bangladesh

THE United States has implemented a series of executive order tariffs, effective from February 4, on key trading partners, including Canada, Mexico and China, as part of its broader trade policy agenda. Additional 25 per cent tariffs on Canadian and Mexican imports, whereas 10 per cent tariffs on Chinese goods are also imposed by US president Donald Trump. The orders...

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Shein, Temu face cost of adapting to new US customs rules

US tariffs on Chinese imports and the closing of a customs loophole will wreak disruption on the business models of e-commerce giants Shein and Temu, with consumers potentially bearing the brunt of the cost, analysts say...

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US tariff, rate fears rattle global stocks

Stock markets were rattled Wednesday by worries about incoming US president Donald Trump slapping tariffs on imports and the fading prospects for interest rate cuts...