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...
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...
European and US stock markets retreated Friday as US President Donald Trump ramped up his trade offensive, threatening a 35-per cent levy on Canada...
Growth in oil demand is anaemic globally, with several countries in the crosshairs of US President Donald Trump tariff threats suffering drops, the IEA said Friday...
The second-round negotiation between Bangladesh and United States over tariff issue ended on Friday at about 4:00pm in the US capital Washington DC keeping several issues unresolved...
The talks between Bangladesh and the United States over tariff issues began in the US capital Washington for the third day on Friday.
Canada will face a 35 per cent tariff on exports to the United States starting August 1, president Donald Trump said in a late-night letter to prime minister Mark Carney that upends negotiations between the neighbours and close allies.
The second day of the three-day bilateral tariff discussions between Bangladesh and the United States has concluded, focusing on the current dynamics and future direction of trade relations between the two nations, according to a press release issued Friday morning (Bangladesh time).
The second round of negotiations over tariff issues between Bangladesh and the United States began for the second day on Thursday in the US capital Washington...
With US president Donald Trump threatening 200 per cent tariffs on imported pharmaceutical products within as little as one year, the industry is on red alert...
US president Donald Trump’s announcement to impose 50-per cent tariffs on copper imports has roiled the strategic metal on markets...
The second round of talks between Bangladesh and the United States over tariff issues began on Wednesday in the US capital, Washington...
The country’s readymade garment manufacturers have sought the involvement of the interim government’s chief adviser, Professor Muhammad Yunus, in tariff talks with the United States...
President Donald Trump said Tuesday that he would not extend an August 1 deadline for higher US tariffs to take effect on dozens of economies, while announcing plans for a separate 50 per cent duty on copper imports...
European stock markets rose Wednesday, brushing off US president Donald Trump’s tariff threats on copper and pharmaceuticals...
Indonesia’s state oil company and agricultural firms have signed deals to increase their purchases of US goods, the country’s chief economic minister told AFP on Wednesday, as Jakarta lays the groundwork to avoid the worst of president Donald Trump’s tariffs...
US president Donald Trump reignited his trade war by threatening more than a dozen countries with higher tariffs Monday—but then said he may be flexible on his new August deadline to reach deals...
Economists and exporters have said that the 35 per cent tariff that the United States announced for Bangladeshi goods would be a major blow to the country’s businesses...
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...
As Cambodian garment workers took breaks from toiling in sweltering factories on Tuesday, they feared for their jobs after US President Donald Trump’s threat to impose a 36 percent tariff...
Donald Trump sent letters to 14 countries, mainly in Asia, informing them that higher import tariffs will kick in on August 1 unless they reach a deal with the United States...
Major stock markets mostly rose Tuesday after President Donald Trump extended his tariffs deadline and hinted at a further pushback, though uncertainty over US trade policy capped gains...
US president Donald Trump’s 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...
Indonesia’s flour mills association will sign a deal to import at least one million metric tons of US wheat annually for the next five years in a $1.25 billion deal, it told AFP Monday, as Jakarta lays the groundwork to avoid the worst of Donald Trump’s tariffs...
US President Donald Trump unveiled higher tariffs for Japan, South Korea and a dozen other countries in a push for new trade deals Monday -- but extended the deadline for the steeper levies to kick in until August.
US president Donald Trump threatened China, India and some of the world’s fastest-emerging economies with higher import tariffs, hitting back at BRICS’ criticism of his trade policies as the bloc met Monday...
Stock markets diverged while the dollar strengthened Monday as countries fought to hammer out trade deals days before US president Donald Trump’s tariff deadline...
German industrial production rose unexpectedly strongly in May, official data showed Monday, boosting hopes that Europe’s top economy has turned a corner despite trade tensions with the United States...
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.
BRICS, representing half the world’s population and 40 per cent of global economic output, is divided about much, but has found common cause when it comes to mercurial Trump and his tariff wars...
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’s administration are coming down to the wire.