Designed in US, made in China: What’s the future of Apple?
Designed in US, made in China: What’s the future of Apple?

Though iPhone carries the label Designed in California, in reality, its production lies in Chinanow facing steep US tariffs, some as high as 245%. Apple sells over 220 million units of iPhones annually, and estimates suggest that around 90% are manufactured in China. From screens to...

US could collect over $1bn in tariffs from Bangladeshi goods: CPD study
US could collect over $1bn in tariffs from Bangladeshi goods: CPD study

The United States could collect over $1 billion in tariffs on Bangladeshi goods if additional tariffs are imposed, as the US currently imports 1,208 items from Bangladesh, while Bangladesh imports 2,515 items from the US, according to a study by the Centre for Policy Dialogue (CPD). CPD...

China strikes back with 84% tariffs on US goods as Trump trade war escalates
China strikes back with 84% tariffs on US goods as Trump trade war escalates

China will impose 84% tariffs on US goods from Thursday, up from the 34% previously announced, its finance ministry said on Wednesday, firing the latest salvo in a global trade war sparked by US President Donald Trump. Trumps reciprocal tariffs on dozens of countries took effect earlier on...

US tariffs on Bangladeshi apparels a miscalculated move: Paul Krugman
US tariffs on Bangladeshi apparels a miscalculated move: Paul Krugman

Nobel Laureate economist Paul Krugman has criticized the United States decision to impose high tariffs on clothing imports from Bangladesh, describing the move as counterproductive and detrimental to American consumers. In a recent interview with The New York Times, Krugman argued that such tariffs...

EU to use ‘every tool’ against US tariffs, trade chief warns
EU to use ‘every tool’ against US tariffs, trade chief warns

The European Union is ready to deploy every tool at its disposal to shield its market from the effects of new US tariffs, Trade Commissioner Maros Sefcovic has warned. This comes after US President Donald Trump announced tariffs ranging from 10% to 50% on imports from countries accused of unfair...

‘Govt to address US tariff issue through bilateral talks’
‘Govt to address US tariff issue through bilateral talks’

The government will take appropriate measures to address the US tariff issue through bilateral discussions, said Khalilur Rahman, high representative of the chief adviser (CA), following an emergency meeting on the matter on Saturday. Its not a sudden development for us, but we are prepared for...

Country’s export sector in deep crisis amid 37% US tariff
Country’s export sector in deep crisis amid 37% US tariff

Bangladeshs export sector, particularly the ready-made garment (RMG) industry, is facing a major crisis following the imposition of a 37 percent tariff on Bangladeshi goods by U.S. President Donald Trump. This new tariff increases the cost of Bangladeshi products, which may result in reduced demand...

EU to impose retaliatory tariffs against Trump's steel and aluminum duties starting April 1
EU to impose retaliatory tariffs against Trump's steel and aluminum duties starting April 1

The European Union announced Wednesday (March 12) that it will impose retaliatory tariffs in response to the Trump administrations decision to increase tariffs on steel and aluminum imports to 25%. These countermeasures, targeting industrial and agricultural products, will take effect on April 1....

Trump pauses tariffs on Mexico and Canada, but not China
Trump pauses tariffs on Mexico and Canada, but not China

US President Donald Trump suspended his threat of steep tariffs on Mexico and Canada on Monday, agreeing to a 30-day pause in return for concessions on border and crime enforcement with the two neighboring countries. US tariffs on China are still due to take effect within hours. Both Canadian...

Trump announces talks with Canada, Mexico over sweeping tariffs
Trump announces talks with Canada, Mexico over sweeping tariffs

President Donald Trump said he will discuss the punishing tariffs he has levied on Canada and Mexico with both countries on Monday, after arguing that Americans may feel economic pain from the 25 percent duties but that it will be worth the price. Speaking to reporters after he flew back to...