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...
Tags : tariffs
No retaliatory measures against US: ASEAN economic ministers
Economic ministers of the ASEAN regional bloc committed on Thursday 鈥榯o not impose any retaliatory measures鈥� against the United States over sweeping tariffs and said they were ready to engage in talks...
Trump鈥檚 new tariffs take effect
US president Donald Trump鈥檚 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...
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...
RMG workers鈥� 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...
UK readies to protect industry amid US tariffs
The 鈥榳orld as we knew it鈥� is over, UK prime minister Keir Starmer said Sunday, as the world braced for further fallout from the introduction of US tariffs...
US farmers see tariffs threaten earnings
As president Donald Trump鈥檚 sweeping global tariffs took effect this weekend, US farmers hoping for a profit this year instead found themselves facing lower crop prices 鈥� and the prospect of ceding more ground on foreign markets...
US passion for tariffs rarely pays off, economists warn
Long before Donald Trump鈥檚 鈥楲iberation Day鈥� announcement, the United States had toyed with imposing high tariffs throughout its history, with inconclusive鈥攁nd sometimes catastrophic鈥攔esults...
How can the EU respond to Trump tariffs?
The EU has 鈥榚verything on the table鈥� as a response to president Donald Trump鈥檚 sweeping new tariffs聽 -- including possibly targeting US Big Tech and taxing more American goods 鈥� should talks with Washington fail...
California to defy Trump鈥檚 tariffs
California governor Gavin Newsom said Friday that he will seek agreements with the rest of the world to avoid the expected retaliations against US president Donald Trump鈥檚 tariffs...
China announces 34pc reciprocal tariffs on US goods
China announced 34 per cent tariffs on US imports聽on Friday, the first major economy to fire back against president Donald Trump鈥檚 swingeing new levies in an escalating global trade war that sent markets deep into the red.
RMG sector in Bangladesh faces challenges as US slaps high tariffs
The country鈥檚 readymade garment manufacturers expressed concern over the US鈥檚 fresh 37 per cent tariff imposition on all Bangladeshi exporting products...
China vows 鈥榗ountermeasures鈥� to sweeping new US tariffs
China on Thursday said it 鈥榝irmly opposes鈥� sweeping new US tariffs on its exports, vowing 鈥榗ountermeasures鈥� to protect its rights and interests...
Cambodia commerce ministry says US tariffs 鈥榥ot reasonable鈥�
Harsh new trade tariffs imposed on Cambodia by US president Donald Trump are 鈥榥ot reasonable鈥�, the Southeast Asian country鈥檚 commerce ministry said Thursday...
US business groups voice dismay at Trump鈥檚 tariffs
President Donald Trump鈥檚 tariff announcement on Wednesday was widely panned by US business lobbying groups, who voiced concern about the impact of the sweeping new duties on their operations...
Lanka warns US tariffs threaten 鈥榯housands鈥� of jobs
Sri Lanka鈥檚 apparel manufacturing industry warned on Thursday that sweeping US tariffs will disrupt the island鈥檚 largest export sector and place thousands of jobs at risk...
Major economies vow retaliation as Trump set to unleash tariffs
US president Donald Trump was poised to unveil sweeping new 鈥楲iberation Day鈥� tariffs on Wednesday, but kept the world guessing until the last minute about the scope of an onslaught that could spark a global trade war...
Trump tariffs threaten Japan auto sector
Business was already tough for auto parts maker Asahi Tekko, but with US car tariffs due to bite this week its president has a simple message for Donald Trump: 鈥楪ive me a break.鈥�...
Global outcry as Trump heaps 25pc tariffs on auto imports
World powers on Thursday blasted US president Donald Trump鈥檚 steep tariffs on imports of vehicles and car parts, vowing retaliation as a widening trade war intensifies...
EU tariffs not a deterrent, says Chinese EV maker XPeng
Chinese electric vehicle maker XPeng said Friday that European Union tariffs on EVs made in China have had a 鈥榣arge economic impact鈥� but will not deter the firm鈥檚 plans to tap European markets...
China, EU vow steps against US steel tariffs
China and the EU vowed Wednesday to strike back and defend their economic interests against sweeping new US steel and aluminium tariffs, moving Washington closer to an all-out trade war with two major partners...
Trump says trade deal with China 鈥榩ossible鈥�
US president Donald Trump suggested on Wednesday that a trade deal was 鈥榩ossible鈥� with China 鈥� a key target in the US leader鈥檚 tariffs policy...
Trump says US auto tariffs to be about 25 per cent
US president Donald Trump expanded his offensive against trading partners on Tuesday, threatening 25 per cent tariffs on imported cars, and similar or higher duties on pharmaceuticals and semiconductors...
Japan seeks exemption from US steel tariffs
Japan asked the United States on Wednesday to be exempt from President Donald Trump鈥檚 tariffs on steel and aluminium exports, Tokyo鈥檚 top government spokesman said...
Shein, Temu face cost of adapting to new US customs rules
US tariffs on Chinese imports and the closing of a customs loophole will wreak disruption on the business models of e-commerce giants Shein and Temu, with consumers potentially bearing the brunt of the cost, analysts say...
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 鈥榤ajor threat鈥� from illegal immigration and drugs 鈥� a move that sparked promises of retaliation...
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...
Beijing files WTO complaint over EU鈥檚 new taxes on Chinese EVs
Beijing said Wednesday it had lodged a complaint with the World Trade Organization over the European Union鈥檚 decision to impose hefty tariffs on Chinese-made electric cars...
EU states plan Friday vote on Chinese EV tariffs
EU member states are expected to vote on whether to slap hefty tariffs on imported electric cars from China on Friday, European diplomats said on Monday...
US tariffs on Chinese EVs hurt green transition: XPeng boss
The president of Chinese electric vehicle maker XPeng on Friday criticised the fresh tariffs on Chinese cars imposed by Washington as 鈥榰nfavourable鈥� for the United States鈥� energy transition...