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...
Tags : imports
LC opening for imports rises
The opening of letters of credit (LCs) for imports increased in the first eight months of the 2024-25 fiscal year compared to the same period in the previous year, reflecting a gradual recovery in business activity...
ASEAN urged to increase imports from Bangladesh
ASEAN diplomats recently visited ICC Bangladesh and held a meeting with its president Mahbubur Rahman and vice-presidents AK Azad and Naser Ezaz Bijoy...
Fruit imports in Bangladesh decline
Fresh fruits imports have been witnessing a declining trend for the past few years, according to the traders, mostly due to raising various types of duties, depreciation of taka against US dollar and inflationary pressure which impacted the living costs...
Trump鈥檚 protectionist power play
US聽PRESIDENT Donald Trump announced 25 per cent tariffs on foreign steel and aluminium imports聽on February 10, doubling down on his protectionist agenda to 鈥榖oost鈥� the US economy through import taxes, a move that could disrupt trade with key partners. Set to take effect on March 4, the tariffs will impact the 25 million tonnes of steel the US imports...
Bangladesh鈥檚 reliance on Gulf nations under threat
OVER 10 million Bangladeshi migrant workers send home an estimated $22 billion in remittances annually, making it the country鈥檚 second-largest source of foreign exchange after garment exports. More than 60 per cent of this originates from the Middle East, with Saudi Arabia, the United Arab Emirates, Qatar, and Kuwait leading the way. At the same time...
Sri Lanka ends ban on vehicle imports
Sri Lanka announced the lifting of a five-year ban on vehicle imports Tuesday as the country showed further signs of emerging from its worst economic meltdown...
Govt exploring multiple sources for rice import
Interim government鈥檚 food adviser Ali Imam Majumder said that the government was prioritising trade over politics, welcoming imports from neighbouring countries like India, Myanmar, and Pakistan due to their proximity and lower costs...
RMG makers facing banking challenges: study
The country鈥檚 apparel makers are facing significant challenges in banking processes, particularly with issues related to raw material imports and export proceeds receipts, according to a study...
US trade deficit narrows in Oct as imports fall
The US trade gap narrowed more than expected in October, government data showed Thursday, as imports slipped more than exports...
Bangladesh鈥檚 share in US market rises
Bangladesh鈥檚 share in the United States鈥� denim trouser imports has steadily grown by 6.6 percentage points over the past seven years, increasing from 14.1 per cent in 2017 to 20.7 per cent as of September 2024 although the overall imports of the item by the US declined in the period...
LC opening rises in Sept
The opening of letters of credit for imports rose in September, but it dropped slightly in the July-September period in the financial year 2024-25 compared with that in the same period in the previous year...
BB eases rules for commercial import thru contracts
The Bangladesh Bank on Thursday relaxed rules for commercial imports through contracts.
Chinese export growth slows sharply in Sept
China鈥檚 export growth slowed sharply in September while imports remained sluggish, data showed Monday, as authorities wait for recent stimulus measures to perk up weak domestic demand...
China targets dairy imports in latest barb in trade row
Beijing on Wednesday launched a probe into EU subsidies of some dairy products imported into China, the day after the bloc said it planned to impose five-year import duties of up to 36 per cent on Chinese electric vehicles...
US tightens steel, aluminium import rules to curb China tariff evasion
The United States unveiled stricter rules Wednesday on steel and aluminium imports from Mexico, moving to prevent China-origin goods from avoiding tariffs...
EU states agree 鈥榩rohibitive鈥� tariffs on Russia grain imports
EU states agreed on Thursday to impose 鈥榩rohibitive鈥� duties on grain imports from Russia in a bid to cut off revenues to Moscow for its war on Ukraine...