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Tags : US trade


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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’s tariffs kicked in...

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German factory orders fall

German industrial orders unexpectedly fell in June, official data showed Wednesday, as Europe’s biggest economy struggles with prolonged domestic weakness and volatile US trade policy...

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US trade gap shrinks

The US trade gap narrowed in June, government data showed Tuesday, as imports pulled back more than exports while businesses grappled with president Donald Trump’s tariffs on allies and competitors alike...

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Inclusion key to Lankan good governance

THE news from the US trade office was better than expected. Sri Lanka which had been shocked by the sudden imposition of a 44 per cent tariff by the US authorities in April 2024 has seen it reduced to 20 per cent. This is a major concession for a country that is perceived to have strong trading and political ties with China, which the United States views as its main...

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S&P 500 closes at 5th straight record

The S&P 500 and Nasdaq finished at fresh all-time records Friday amid optimism over US trade deals, concluding a winning week on a positive note...

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Trump declares ‘massive’ Japan trade deal

US president Donald Trump has announced a ‘massive’ trade deal with Japan, as China said it will send its vice-premier to US trade talks next week to secure its own agreement ahead of a looming deadline...

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Trump’s dealmaker name on the line

President Donald Trump set out early in his second term to fulfil a decades-long desire of reshaping US trade with the world, but the main outcomes so far have been discord and uncertainty...

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US trade deficit widens in May amid tariffs

The US trade deficit widened more than expected in May, with both imports and exports declining as US president Donald Trump’s tariffs sent shock waves through the economy and snagged supply chains.

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China lifts Boeing ban after US trade talks: report

China has lifted a ban on domestic airlines accepting new Boeing aircraft, a report said Tuesday, after Beijing and Washington agreed to temporarily lower tariffs in a major de-escalation of their trade war...

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Honda forecasts 70pc net profit drop

Japan’s Honda Motor on Tuesday forecast a 70 per cent drop in net profit for the 2025-26 financial year as US trade tariffs weigh on the global auto industry...

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China slams countries  securing US trade deals

China on Monday hit out at other countries making trade deals with the United States at Beijing’s expense, vowing countermeasures against those who ‘appease’ Washington in the blistering tariff war as its neighbours rush to secure favourable terms from the White House...

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China economy gets New Year boost

China’s sluggish domestic consumption got a boost over the weeklong Lunar New Year holiday, with travel and retail sales both offering a slight reprieve to a dragging economy facing the prospect of an escalating US trade war...

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US trade gap swells in 2024

The US trade gap swelled last year to its second-largest on record, government data showed Wednesday, as deficits come under the spotlight with president Donald Trump’s return to the White House...

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US Trade Representative, BGMEA discuss RMG issues

US Trade Representative Brendan Lynch and Trade Policy Analyst for South and Central Asia Emily Ashby met with the leadership of the Bangladesh Garment Manufacturers and Exporters Association at a hotel in Dhaka on Tuesday...

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3-day US trade show to begin tomorrow

The 29th annual US trade show will begin at the InterContinental Hotel in the capital Dhaka on Thursday and continue until May 11...