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Tags : tariff


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Third-round tariff talks begin

The third round of tariff talks with the United States was scheduled to begin at about 12:30pm on Tuesday (Washington time), according to a message received from commerce ministry officials...

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IMF lifts 2025 growth forecast

The IMF raised its global growth forecast Tuesday as efforts to circumvent Donald Trump’s sweeping tariffs sparked a bigger-than-expected surge in trade, while the US president stepped back from some of his harshest threats...

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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’s tariff blitz...

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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...

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Detroit automakers balk at US-Japan trade deal

Large US automakers have criticised the US-Japan trade deal for setting a lower tariff for Japanese auto exports compared with those from Mexico and Canada, where Detroit automakers operate...

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Ctg port raises tariff by 30pc

The Chittagong Port Authority (CPA) has decided to increase tariffs by an average of 30 per cent on import and export activities, aiming to align with global standards and boost revenue, said Shipping adviser M Sakhawat Hossain.

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Bangladesh-US virtual tariff talks today: adviser

Bangladesh is awaiting a response from the United States regarding a letter it sent requesting a reduction in the recently imposed tariff on Bangladeshi products, Commerce Adviser Sk Bashir Uddin said on Thursday...

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USTR invites Bangladesh to resume talks on July 29

The United States Trade Representative, the chief trade negotiation body for the American government, invited Bangladesh to resume the third and final round of tariff negotiations on July 29, said commerce secretary Mahbubur Rahman...

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Bangladesh proposes dates, awaits US nod

Bangladesh proposed to hold the third and final round of reciprocal tariff talks with the United States Trade Representatives on any day from Sunday onwards and is waiting for the US response, according to commerce ministry officials...

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2.2 lakh tonnes wheat import from US okayed 

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...

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Equinor takes $1b hit from US wind farm regulations, tariffs

Norwegian energy company Equinor said on Wednesday that its giant offshore wind project in New York — once halted by the US administration — had lost nearly $1bn in value following regulatory changes and tariffs...

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Trump agrees to small cut in Philippine tariffs

US president Donald Trump agreed Tuesday to reduce threatened tariffs on the Philippines, but only by one percentage point, after what he termed a successful meeting with his counterpart Ferdinand Marcos...

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Is it ending?

IT IS hard to decide what is more surreal: that the United States is threatening 50 per cent tariffs on Brazilian imports in the name of ‘reciprocity’ or that global markets, once jittery at the mere whisper of Trumpian trade tantrums, are now brushing off these ultimatums with a shrug and record-breaking rallies...

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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...

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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...

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Bangladesh seeks 3rd-round tariff talks with US

With just days left before a 35 per cent reciprocal tariff by the United States on Bangladeshi exports takes effect, Bangladesh is pushing for a third round of negotiations.

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MoU signed for US wheat import amid tariff threats

Bangladesh on Sunday signed a memorandum of understanding with the United States to import 7 lakh tonnes of wheat annually for the next five years amid the threat of facing 35 per cent US tariff on its exports from the next month...