Tech, auto, medicines: who will pay Donald Trump’s tariffs?

After steel and aluminium, US President Donald Trump has set his sights on slapping 25 percent tariffs on semiconductors, cars and pharmaceuticals.
22 February 2025, 18:00 PM

Trump tariffs leave WTO adrift in eye of the storm

The World Trade Organization’s entire mission is overseeing global trade, but US President Donald Trump’s tariff offensive has left it adrift.
22 February 2025, 18:00 PM

Poultry sector poised for multi-billion dollar growth by 2050: experts

The 13th International Poultry Show ends with nearly 30,000 visitors
22 February 2025, 13:20 PM

Bangladeshi firms secure $34.5 million in orders

Discussions were held for an additional $29.1 million in potential exports
22 February 2025, 11:47 AM

Japan seeks Tesla investment in Nissan, Foxconn approaches Honda, reports say

The Japanese group behind the plans for Tesla to invest in Nissan hopes the Elon Musk-led company will become a strategic investor, believing it is keen to acquire Nissan's plants in the United States, according to the Financial Times.
22 February 2025, 06:21 AM

Tech, auto, medicines: who will pay Donald Trump's tariffs?

Trump has already slapped additional 10 percent tariffs on goods from China and has also threatened tariffs on Canada and Mexico, plus ordered a study into putting into place reciprocal tariffs.
22 February 2025, 06:15 AM

Trump orders tighter restrictions on Chinese investments in key sectors

The move comes at a time of growing trade tensions and strategic competition between the world's two biggest economies.
22 February 2025, 06:11 AM

Gold scales new high

Gold prices rose to a record high on Thursday as investors turned to bullion for safety on fears US President Donald Trump’s tariff plans would stoke inflation and a global trade war.
20 February 2025, 18:00 PM

Elon Musk is not India’s ideal foreign investor

India may get more than it bargained for when it comes to Elon Musk. The Tesla boss’ role in the White House might make it easier for him to set the terms of his entry into the world’s third-largest car market. But President Donald Trump’s aim of cutting the US trade deficit will leave India less leverage to wrangle coveted factory jobs it wants from Musk.
20 February 2025, 18:00 PM

Trump says trade deal with China ‘possible’

US President Donald Trump suggested on Wednesday that a trade deal was “possible” with China -- a key target in the US leader’s tariffs policy.
20 February 2025, 18:00 PM

Textile millers urged to adopt solar energy

The Dhaka International Textile & Garment Machinery Exhibition (DTG) begins today
20 February 2025, 14:13 PM

Essential commodity imports surge ahead of Ramadan

Between October 2024 and January 2025, imports of sugar, soybean oil, lentils, chickpeas post double-digit growths
20 February 2025, 13:47 PM

Trump says trade deal with China 'possible' 

Beijing's foreign ministry said Thursday that China and the US "should resolve their concerns through dialogue and consultation based on equality and mutual respect."
20 February 2025, 08:10 AM

US Fed officials worried Trump policies could hinder inflation fight: minutes

The US president has threatened to impose sweeping tariffs on some of America's largest trading partners, accusing them of unfair trade practices and of failing to do enough to tackle drug traffickers.
20 February 2025, 05:25 AM

EU trade chief says bloc will respond swiftly to US tariffs

Sefcovic said the EU sees "no justification for sudden, unilateral tariff increases" by the United States, adding that businesses rely on economic stability and predictability.
20 February 2025, 05:20 AM

Trump says US auto tariffs to be around 25%

US President Donald Trump expanded his offensive against trading partners on Tuesday, threatening 25 percent tariffs on imported cars, and similar or higher duties on pharmaceuticals and semiconductors.
19 February 2025, 18:00 PM

US lawmakers confirm Howard Lutnick as commerce secretary

Lutnick, who was chief executive of financial services firm Cantor Fitzgerald, is a close ally of Trump's and has been a defender of imposing tariffs on US imports.
19 February 2025, 06:53 AM

HSBC targets $1.5 bn in annual cost savings after revamp

Elhedery's plan for a "simpler, more dynamic, and agile organisation" has shaken up Europe's largest bank, whose shares in Hong Kong have rallied to an 11-year high.
19 February 2025, 05:45 AM

Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips

Trump has long railed against what he calls the unfair treatment of US automotive exports in foreign markets.
19 February 2025, 03:11 AM