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Tags : Tariff


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Volkswagen to make Audis in US to adjust tariffs

Volkswagen could relocate some production of its high-end Audi line to dodge US tariffs on automobiles ordered by president Donald Trump, the German carmaker’s CEO said in an interview released Friday...

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Apparel exporters likely to pay $250m monthly

The country's apparel manufacturers expressed concern that if the 37 per cent tariff on readymade garment (RMG) exports to the US market is not fully withdrawn, Bangladesh’s leading export sector may face an average monthly duty burden of $250 million...

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Govt urged to watch first, act then

Economist Rehman Sobhan on Thursday said rushing to Washington in a show of modesty to deal with the newly announced tariff policy by the United States was not a good strategy...

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US exempts tech imports in tariff step back

The Trump administration has announced a series of major exemptions to its punishing global tariffs—an apparent step back in an escalating trade war with China.

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Despite pause, overall US tariff rate highest in a century

US president Donald Trump’s delay of steeper tariffs may have won brief respite on Wall Street, but analysts say his actions — which hit China especially hard — already bring the average US effective tariff rate to its highest in over a century.

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China to raise tariffs on US goods to 125pc

China said Friday it would raise its tariffs on US goods to 125 per cent in a further escalation of a trade war that threatens to bring exports to a halt between the world’s two biggest economies.

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Trump’s new tariffs take effect

US president Donald Trump’s punishing tariffs on dozens of economies came into force Wednesday, including 104 per cent in levies against Chinese goods, sending markets into a tailspin again...

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EU proposes 25pc tariffs on US goods

The EU plans tariffs of up to 25 percent on US goods in retaliation for levies on metals, but will spare bourbon to shield European wine and spirits from reprisals, according to a document seen by AFP on Tuesday...

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EPZ investors laud govt’s swift response over US tariff

The investors of Bangladesh Export Processing Zones have expressed their deep appreciation for the government’s prompt and strategic initiative following the recent announcement by the US administration of imposing a 37 per cent ‘reciprocal tariff’ on Bangladeshi exports...

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ICC for US tariff negotiation

The country’s businesses urge the government to enter into direct negotiations with the United States regarding the newly imposed 37 per cent reciprocal tariff on exporting items from Bangladesh...

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Trump’s crazy trade war

THE Trump tariff shock is going to take a bit of time to sink in, though stock markets worldwide have already sunk. Altogether, 60 countries have been slapped with at least 10 per cent tariffs; those with large trade surpluses with the US will pay a much higher rate. Trump’s public argument was two-fold: force US trade partners with the highest surpluses to lower their...

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Dhaka to make zero duty on 100 items

The commerce ministry in Bangladesh on Monday sent a letter to the United States Trade Representative saying duty on 100 items will be cut to zero.

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Bangladesh to send two letters to US on tariff

Bangladesh will send two letters to the United States in the next 48 hours specifying its strategies in response to the US reciprocal tariff policy, said officials on Sunday...

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RMG workers’ union wants parley with US

Sammilita Garment Sramik Federation urged the interim government to engage in diplomatic talks with the US over the reciprocal tariffs imposed by the Trump administration, emphasising the need for an acceptable solution to prevent negative impacts of the tariff on workers...

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UK readies to protect industry amid US tariffs

The ‘world as we knew it’ is over, UK prime minister Keir Starmer said Sunday, as the world braced for further fallout from the introduction of US tariffs...

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US farmers see tariffs threaten earnings

As president Donald Trump’s sweeping global tariffs took effect this weekend, US farmers hoping for a profit this year instead found themselves facing lower crop prices — and the prospect of ceding more ground on foreign markets...

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US passion for tariffs rarely pays off, economists warn

Long before Donald Trump’s ‘Liberation Day’ announcement, the United States had toyed with imposing high tariffs throughout its history, with inconclusive—and sometimes catastrophic—results...

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How can the EU respond to Trump tariffs?

The EU has ‘everything on the table’ as a response to president Donald Trump’s sweeping new tariffs  -- including possibly targeting US Big Tech and taxing more American goods — should talks with Washington fail...

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