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 鈥榳ell positioned鈥� to deal with the effects of US tariffs...
Tags : US tariff
Spanish growth picks up despite US tariff uncertainty
Spain鈥檚 economic growth accelerated in the second quarter, driven by a rise in exports despite trade tensions sparked by rising US tariffs, preliminary data showed Tuesday...
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鈥檚 tariff blitz...
European Union resigned to 15pc US tariff
The United States and the European Union clinched a trade agreement on Sunday that will see EU exports taxed at 15 per cent, in a bid to resolve a transatlantic tariff stand-off that threatened to explode into a full-blown trade war...
2.2 lakh tonnes wheat import from US okayed聽
The interim government on Wednesday decided to procure 2.20 lakh tonnes of wheat from the United States at Tk 817.57 crore in a bid to avert a high US tariff on Bangladeshi goods...
EU, Japan vow joint push for 鈥榝air鈥� global trade
The EU and Japan pledged on Wednesday to work together on championing a 鈥榝ree and fair鈥� trade global system, as US tariffs and disputes with China rattle their economies...
General Motors profits fall
Auto giant General Motors reported lower second-quarter profits Tuesday following a $1.1 billion hit from US tariffs but confirmed its full-year forecast...
Japan PM hangs on after election debacle
Japanese prime minister Shigeru Ishiba clung on Monday even after an election debacle left his coalition without a majority in the upper house, as painful new US tariffs loom...
ECB expected to hold rates as US tariff uncertainty lingers
The European Central Bank is set to hold interest rates for the first time in almost a year when policymakers meet this week, despite concerns over the potential impact of higher US tariffs on the eurozone economy...
US tariffs help push Jeep owner Stellantis into big loss
Jeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact of new US tariffs and took a massive charge following a change in US laws...
Taiwan working to strike US tariff deal
Taiwan鈥檚 trade negotiators were 鈥榳orking around the clock鈥� to strike a tariff deal with the United States, the island鈥檚 vice president said Friday, two weeks before Washington鈥檚 deadline...
Impact of US tariffs varies across European Union
European countries are not all equally exposed to the US market and so will not suffer the same consequences should president Donald Trump go ahead with his threats to impose 30-per cent tariffs on the European Union...
Germany urges 鈥榩ragmatic鈥� solution to US tariff talks
Germany鈥檚 economy minister on Saturday called for pragmatism in European Union tariff negotiations with the United States...
BASF cuts 2025 outlook on impact of US tariffs
German chemical giant BASF said Friday its profits had fallen in the second quarter of 2025 and slashed its outlook for the year as US tariffs weighed on global economic activity...
Strategic role of copper threatened by US tariffs
US president Donald Trump鈥檚 announcement to impose 50-per cent tariffs on copper imports has roiled the strategic metal on markets...
Dhaka pins hope on last-minute talks
Bangladesh has pinned its hope on the ongoing negotiation to avert 35 per cent US tariff on its exports threatened by president Donald Trump in a letter to chief adviser Muhammad Yunus on Tuesday...
UN warns US tariff delays deepen trade uncertainty
US president Donald Trump鈥檚 decision to delay implementing major tariff hikes on most trading partners may have offered some relief, but the extension is also prolonging global trade uncertainty, the UN warned Tuesday...
Global stocks diverge as US tariff deadline looms
Stock markets diverged while the dollar strengthened Monday as countries fought to hammer out trade deals days before US president Donald Trump鈥檚 tariff deadline...
US tariffs to kick in on Aug 1, barring trade deals
US tariffs will kick in on August 1 if trading partners from Taiwan to the European Union do not strike deals with Washington, Treasury Secretary Scott Bessent said Sunday.
Where do trade talks stand in the rush to avert higher US tariffs?
As a Wednesday deadline approaches for steeper US tariffs to hit dozens of economies ranging from the EU to India, trade negotiations with president Donald Trump鈥檚 administration are coming down to the wire.
S Korea counts on shipbuilding to ease US tariff woes
Asia鈥檚 fourth largest economy South Korea is facing gruelling tariffs by US President Donald Trump, but its shipbuilding industry could prove a useful bargaining chip...
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...
Japan says US tariff talks to 鈥榓ccelerate鈥�
The United States and Japan agreed in their latest tariff negotiations to 鈥榓ccelerate鈥� efforts towards an agreement, Tokyo said Monday...
Private sector urges diplomatic action to settle US tariff issue
The country鈥檚 private sector urged the government on Saturday for immediate diplomatic response to settle tariff issues with the United States...
Unemployment in UK highest since 2021
Britain鈥檚 unemployment rate has reached the highest level since August 2021, official data showed Tuesday, with businesses facing a UK tax hike and US tariffs...
Nissan posts $4.5b annual net loss
Japan鈥檚 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...
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...
Tokyo鈥檚 tariff envoy says US talks 鈥榗onstructive鈥�
Tokyo鈥檚 envoy for US tariff talks in Washington said Thursday that the second round of negotiations between the two countries had been 鈥榝rank and constructive.鈥�
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...
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...