Sri Lanka’s recovery from its worst economic meltdown, which forced a sovereign default and toppled a president, will be undermined if punishing US tariffs resume, the IMF warned on Friday.

In just a week, the dollar has gone from a safe haven to investors’ whipping boy as US President Donald Trump’s chaotic tariffs on friend and foe alike undermine decades of trust in the world’s reserve currency.

Why do investors flock to gold when economic times turn tough? As the precious metal reaches record highs AFP explains why it remains such a trusted lifeline.

They also suggested increasing US content in manufactured goods to 20% to qualify for reduced tariff rates

The brand of Akij Venture Ltd has so far sent Tk 2.7cr, as intensified Israeli attacks slowed aid sending process

On April 11, China dismissed Trump’s moves as a “joke” and raised its own tariff against the US to 125%

The dollar, already on course for its worst year since 2017 , on Friday plunged to a decade-low

Since the South Korean conglomerate entered Vietnam in 1989, it has poured billions of dollars into expanding its global manufacturing footprint beyond China

The trading turmoil unleashed by US President Donald Trump's tariffs has triggered a record run for gold, widely viewed as a safe-haven investment.

The Chinese government is in fighting mode too, on Friday increasing its own retaliatory duties to 125 percent.

The World Trade Organization chief said Wednesday the US-China tariff war could reduce trade in goods between the two economic giants by 80 percent, pulling down the rest of the world economy.

Spilling your Mexican beer on your t-shirt sewn in Vietnam while watching a US series on Netflix on your Chinese-made smartphone sitting outside at a Parisian cafe is an ordinary occurrence in our globalised world.

The CCCI submitted 114 proposals for the upcoming budget

The $1.375 billion deal brings one of fashion's best-known Italian labels back under Italian control

Singaporean investors said at a roundtable by EBL

The benchmark index of the Dhaka Stock Exchange edged up 0.17 percent to 5,205.23 points

The heightened tariffs against China took effect at the same time Thursday as retaliatory levies of 84 percent slapped on by Beijing on US imports.

If Samsung "fully absorbs" the proposed tariff cost instead of shifting production elsewhere "approximately four trillion won ($2.7 billion) -- or some 33 percent of its smartphone operating profit -- would be directly exposed"

Despite their concern, the ministers said they were ready "to engage in a frank and constructive dialogue with the U.S. to address trade-related concerns".

"The United States agreed that the two sides should initiate negotiations on a reciprocal trade agreement," according to a government statement.