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Tags : tariff


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US tariffs on Canada, Mexico, China spark retaliation threats

President Donald Trump announced broad tariffs Saturday on major US trading partners Canada, Mexico and China, claiming a ‘major threat’ from illegal immigration and drugs — a move that sparked promises of retaliation...

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Trump threatens to place 100pc tariffs on BRICS

US president Donald Trump reiterated Thursday his threat to place 100 per cent tariffs on BRICS nations, as the deadline loomed for him to impose tariffs on Canada and Mexico.

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China’s patience and Trump’s tariff tactics

PRESIDENT Donald Trump, never one to shy away from a headline-grabbing manoeuvre, on January 21 announced that he was mulling over a 10 per cent tariff on Chinese import, potentially set to take effect on February 1. This move, the latest salvo in the long-simmering trade spat between the world’s two largest economies, raises eyebrows and questions...

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US tariff, rate fears rattle global stocks

Stock markets were rattled Wednesday by worries about incoming US president Donald Trump slapping tariffs on imports and the fading prospects for interest rate cuts...

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Trudeau in Florida to meet Trump as tariff threats loom

Canadian prime minister Justin Trudeau traveled to Florida on Friday for a dinner with Donald Trump at the president-elect’s Mar-a-Lago estate, as the incoming US leader promised tariffs on Canadian imports...

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Trump names Scott Bessent as Treasury chief

US president-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs...

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Loss in power transmission warrants early attention

LOSSES in power transmission that increased for the second consecutive year in the 2024 financial year are worrying especially in that there is a forecast of further increase for the next few years. What is further worrying is that the losses take place because of a mismatched expansion of the power and industrial sectors. Such transmission losses in the past...

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RWASA should, rather, address non-revenue water loss

THE Rajshahi Water Supply and Sewerage Authority tripled the water tariff in February 2022 to cover losses in the production cost. The supply water agency spends Tk 8.90 on the production of a unit of water, or 1,000 litres, and sells it to household consumers for Tk 6.81 a unit and to commercial consumers for Tk 1.366 a unit over a supply network spanning...

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Unviable treatment plants turn albatross around DWASA’s neck

THE Dhaka Water Supply and Sewerage Authority, which has continued to incur losses despite increases in water tariff for 15 times since 2009, when the Awami League assumed office to continue for consecutive tenures before its overthrow on August 5, and has struggled to improve the quality of supply water, has now run into a new problem. Two projects...

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BTTC suggests waiving import duty on onions

The Bangladesh Trade and Tariff Commission has recommended the National Revenue Board to withdraw the existing 5 per cent customs duty on import of onions to reduce the price of the essential commodity on the local market...

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BTTC suggests waiving import duty on rice

In response to a sharp fall in rice production caused by recent floods, the Bangladesh Trade and Tariff Commission has recommended removing the current import duty on rice to stabilise supply and prices on the local market...

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Minimum tariff value of cotton fabrics increased

Finance minister Abul Hassan Mahmood Ali on Thursday proposed rationalising at the import level the minimum value of certain products, including cotton and synthetic fabrics, for imposing duty to safeguard the local industry...

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Not enough reason for DWASA to increase water tariff

THE increase in the tariff of supply water for Dhaka by 10 per cent, which will take effect on July 1, would be another burden on people, especially from low- and fixed-income groups, who have already been constrained by soaring inflation...

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