Global trade dynamics amid US-China tariff war

The impact of Trump’s “reciprocal” tariffs (TRT) remains uncertain, but it has undeniably divided the world into three distinct blocs: the US, China, and the rest of the world (ROW) -- excluding Canada and Mexico, which appear to be caught in no man’s land. Among these, the US and China, the two largest global economic powers, are locked in a gruelling tariff war, while the rest of the world has extended offers to negotiate.
13 April 2025, 18:00 PM

Global trade dynamics amidst US–China tariff war

The bilateral trade in goods between the US and China faces the risk of being severed due to the imposition of steep tariffs
13 April 2025, 08:26 AM

Trump trade team chases 90 deals in 90 days. Experts say good luck with that

Reaching trade deals that satisfy both Trump and financial markets is a "huge task"
13 April 2025, 06:20 AM

Indonesia palm oil firms eye new markets as US trade war casts shadow

Palm oil is one of Indonesia's biggest exports to the United States
13 April 2025, 05:18 AM

Trump spares smartphones, computers, electronics from China tariffs

US Customs and Border Protection agency published a list of tariff codes excluded from the import taxes
13 April 2025, 04:04 AM

US tariffs threaten Sri Lanka’s recovery: IMF

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.
12 April 2025, 18:00 PM

Dollar feels heat as Trump’s tariffs spark trade turmoil

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.
12 April 2025, 18:00 PM

Why is gold reaching record heights?

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.
12 April 2025, 18:00 PM

Increase imports of US goods to reduce trade gap: textile millers

They also suggested increasing US content in manufactured goods to 20% to qualify for reduced tariff rates
12 April 2025, 14:17 PM

Mojo raised Tk 4.14cr aid for the Palestinians

The brand of Akij Venture Ltd has so far sent Tk 2.7cr, as intensified Israeli attacks slowed aid sending process
12 April 2025, 12:41 PM

In trade war with the US, China holds a lot more cards than Trump may think − in fact, it might have a winning hand

On April 11, China dismissed Trump’s moves as a “joke” and raised its own tariff against the US to 125%
12 April 2025, 07:23 AM

Mighty US dollar feels heat as Trump's tariffs spark trade turmoil

The dollar, already on course for its worst year since 2017 , on Friday plunged to a decade-low
12 April 2025, 06:38 AM

What Samsung and Vietnam stand to lose in Trump's tariff war

Since the South Korean conglomerate entered Vietnam in 1989, it has poured billions of dollars into expanding its global manufacturing footprint beyond China
12 April 2025, 05:25 AM

Why is gold reaching record heights?

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.
12 April 2025, 05:18 AM

Chinese manufacturers in fighting spirits despite scrapped US orders

The Chinese government is in fighting mode too, on Friday increasing its own retaliatory duties to 125 percent.
12 April 2025, 05:14 AM

Tariff war could cut US-China goods trade by 80%: WTO chief

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.
10 April 2025, 18:00 PM

Will Trump kill globalisation?

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.
10 April 2025, 18:00 PM

Chittagong Chamber wants widening of tax net

The CCCI submitted 114 proposals for the upcoming budget
10 April 2025, 14:08 PM

Prada brings Versace home to create Italian luxury contender

The $1.375 billion deal brings one of fashion's best-known Italian labels back under Italian control
10 April 2025, 13:23 PM

Singapore eyes halal-certified agricultural imports from Bangladesh

Singaporean investors said at a roundtable by EBL
10 April 2025, 10:30 AM