The United States opened the door on Monday to tariffs targeting high-end technology and pharmaceuticals, feeding the uncertainty gripping the global economy in a trade war that Chinese leader Xi Jinping warned can have “no winner.”

The lawsuit challenges Trump's April 2 "Liberation Day" tariffs, as well as duties he separately levied against China.

The shifting stances caused investors to question the safe-haven status that America has long enjoyed and sapped both business and consumer confidence

Analysts polled by AFP forecast the world's number two economy to have grown 5.1 percent from January to March -- down from 5.4 the previous quarter.

Traders gave a muted reaction to Treasury Secretary Scott Bessent's remarks Monday that a China-US deal could be done in an apparent olive branch as the two economic powerhouses trade tariff threats.

The trade war is raising fears of an economic downturn as the dollar tumbles and investors dump US government bonds, normally considered a safe haven investment.

Tit-for-tat exchanges have seen US levies imposed on China rise to 145 percent, and Beijing setting a retaliatory 125 percent band on US imports.

The recently concluded Bangladesh Investment Summit 2025 has yielded investment declaration worth Tk 3,100 crore, says Chowdhury Ashik Mahmud Bin Harun, executive chairman of the Bangladesh Investment Development Authority (BIDA).

Bangladesh's foreign exchange reserves crossed $21 billion yesterday after almost 10 months thanks to an increased inflow of foreign currency generated by remittances and export earnings.

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.

The bilateral trade in goods between the US and China faces the risk of being severed due to the imposition of steep tariffs

Reaching trade deals that satisfy both Trump and financial markets is a "huge task"

Palm oil is one of Indonesia's biggest exports to the United States

US Customs and Border Protection agency published a list of tariff codes excluded from the import taxes

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%