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- Top Russian official in Washington for talks on improving ties
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- China arrests 3 Filipinos on charge of spying
- Strong earthquake strikes eastern Indonesia
- Anti-discrimination Movement’s former coordinator Tanifa killed in road accident
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- Touhid for result-oriented BIMSTEC FTA
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- Vikrant Massey turns a year older,’12th Fail’ proves he’s National Award-worthy!
- Hungary to withdraw from Int’l Criminal Court
- SpaceX astronaut shows Antarctica's 'pure white' from polar orbit
- Syria local govt says Israeli bombardment kills 9
- Three accused of Banasree sexual assault held
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- 6 natural kitchen remedies to relieve sunburn fast
‘Bangladesh reviewing tariffs on products imported from US’
Bangladesh is reviewing its tariffs on products imported from the United States. Chief Advisers Press Wing said this on Thursday hours after US President Donald Trump unveiled a 37 percent reciprocal tariff on Bangladesh. The National Board of Revenue is identifying options to rationalise...
World leaders call US tariffs 'wrong' and 'unjustified'
Italys Giorgia Meloni and Australias Anthony Albanese are among the world leaders who have come out in criticism of US President Donald Trump, after he announced far-reaching import taxes on products from across the globe, BBC reported. Meloni called a 20 percent tariff rate imposed on the...
Japan PM vows to support business hit by US tariffs
Japanese Prime Minister (PM) Shigeru Ishiba said that it will set up around 1,000 consultation centres for businesses hit by US tariffs, reports AFP. He made the statement on Tuesday as he vowed to keep pushing to secure an exemption from the levies. Tokyo is one of Washingtons closest...
S Korea plans emergency response over US tariffs on autos
South Koreas auto sector is expected to face considerable difficulties when US import tariffs on cars announced by President Donald Trump take effect and the government plans an emergency response by April. South Korea will also actively engage the US government to explore measures to minimise...
Japan warns of 'significant impact' from US tariffs
Japans government warned Thursday of a significant impact on its economic relations with the United States -- and on global trade -- after US President Donald Trump announced import tariffs on cars. Tokyo is a close economic and strategic US ally, with its firms the biggest investors in the...
Trump announces 25% tariffs on foreign-built vehicles
US President Donald Trump has announced steep tariffs on auto imports and parts, provoking threats of retaliation from trading partners ahead of further promised trade levies next week, reports AFP. As Asian markets opened Thursday, shares in carmakers were down sharply. Japans government...
China announces $2.6 billion worth tariffs on Canadian farm, food products
China imposed tariffs on Saturday on more than $2.6 billion of Canadian agricultural and food products in response to the tariffs Ottawa implemented in October, escalating a trade conflict primarily fueled by U.S. President Donald Trumps tariff threats. The levies, announced by the commerce...
Eurozone 2024 economic growth revised up to 0.9%
The eurozone economy grew by 0.9% in 2024, revised data showed Friday, higher than a previous estimate of 0.7%, reports AFP. The EUs official statistics agency also revised growth for the fourth quarter of 2024 for the second time to 0.2% in the 20-country single currency area, from 0.1%...
Mexico seeks new crude oil buyers in Asia, Europe after Trump's tariffs
Mexicos state oil company Pemex is in talks with potential buyers in Asia and Europe, including China, as it looks for alternative markets following US President Donald Trumps 25 per cent tariffs on Mexican crude, a senior government official said. Last year, 57 per cent of Pemexs 8,06,000...
Trump will 'probably' cut Mexico and Canada tariffs
US Commerce Secretary Howard Lutnick has said President Donald Trump will probably announce a deal to reduce tariffs on Canada and Mexico on Wednesday, BBC reported. Both the Canadians and Mexicans were on the phone with me all day today trying to show that theyll do better on reducing the flow...
Automakers warn that Trump tariffs will hike vehicle prices as much as 25%
A trade group representing nearly all major automakers warned on Tuesday that new 25 per cent tariffs on imports from Canada and Mexico imposed by U.S. President Donald Trump will lead to drastic price hikes. All automakers will be impacted by these tariffs on Canada and Mexico, said John...
China retaliates against US tariffs
China will fight to the bitter end of any trade war, the foreign ministry spokesperson in Beijing declared, after China announced tit-for-tat tariffs on agricultural imports from the US, BBC reported. The latest development came within minutes of a new 10 percent US levy on Chinese imports that...
Canada to impose retaliatory tariffs on US: Trudeau
Canada will slap tariffs on US imports beginning Tuesday in response to levies pledged by President Donald Trump, Prime Minister Justin Trudeau said Monday, adding there is no justification for Washingtons actions. Should American tariffs come into effect tonight, Canada will, effective 12:01...
US tariffs on Canada, Mexico imports come into effect
Steep US tariffs on Canadian and Mexican goods came into effect Tuesday as a deadline to avert President Donald Trumps levies passed without the nations striking a deal, in a move set to snarl supply chains. Trump had unveiled -- and then paused -- blanket tariffs on imports from major trading...
Trump revises import duties to address border issues
White House said the amendment updates Executive Order 14194, issued on February 1, 2025, titled Imposing Duties to Address the Situation at Our Southern Border. It specifically tightens the de minimis threshold, which allows low-value imports to enter the U.S. duty-free. Under the revised...
China vows 'all necessary countermeasures' over latest US tariffs
China on Friday promised to take all necessary countermeasures after US President Donald Trump said he would impose an additional 10 percent tariff on Chinese imports. If the US side insists on going its own way, the Chinese side will take all necessary countermeasures to defend its legitimate...
Indian exports face uncertainty over Trump’s reciprocal tariffs
US president Donald Trumps threat to impose reciprocal tariffs from April creates anxiety in Indias export sectors from autos to agriculture, reports the Reuters. The City Research analysts estimate potential losses at about $7 billion a year. Government officials waiting to learn how the...
Hong Kong to file WTO complaint over US tariffs, official says
Hong Kong will file a formal complaint with the World Trade Organisation (WTO) over recent US tariffs, arguing that the US has disregarded the citys status as a separate customs territory, according to Chief Secretary Eric Chan on February 11, reads a Straits Times post. This move is completely...
US to impose 25% tariffs on steel and aluminium imports
US President Donald Trump is expected to unveil a fresh swathe of tariffs this week, including 25 percent on all steel and aluminium imports. Trump also said hes planning to impose reciprocal tariffs on countries currently taxing US imports - but did not specify which nations would be targeted,...
Trump to introduce 25% tariffs on steel and aluminum imports
US President Donald Trump said on Sunday he will introduce new 25% tariffs on all steel and aluminum imports into the US, on top of existing metals duties, in another major escalation of his trade policy overhaul, reports Reuters. Trump, speaking to reporters on Air Force One on his way to the...
China's tit-for-tat tariffs on US set to take effect Monday
Chinas tit-for-tat import taxes on some American goods are set to come into effect on Monday as the trade war between the worlds two biggest economies escalates and US President Donald Trump threatens to hit more countries with tariffs, BBC reported. Beijing announced the plan on February 4,...
China challenges Trump tariffs at WTO as package shippers warn of chaos
China filed a World Trade Organization complaint on Wednesday against US President Donald Trumps new 10% tariff on Chinese imports and his cancellation of a duty-free exemption for low-value packages, arguing the actions are protectionist and break WTO rules, reports Reuters. Beijings request...
Asia’s automakers lead decline amid Trump tariffs impact
Shares of Japanese and South Korean automakers, along with their suppliers, plunged on Monday as the region faced a heavy blow from the U.S. President Donald Trumps newly imposed tariffs on Mexico, Canada, and China, reports Reuters. Despite being anticipated, Trumps tariffs rattled major global...
Canada imposes retaliatory tariffs on US, sparking trade war
Canada has announced retaliatory tariffs against the US, marking the start of a potential trade war between the neighbouring countries. Prime Minister Justin Trudeau introduced far-reaching tariffs of 25%, targeting $106.6 billion (86bn) worth of American goods, including items such as beer,...
China condemns US tariffs and threatens countermeasures
In reaction to the US imposing tariffs on Chinese goods, the Chinese Ministry of Foreign Affairs stated on Sunday that China strongly condemns and opposes the action, vowing to take appropriate countermeasures to protect its legitimate rights and interests. Chinas position is firm and...
Trump imposes tariffs on Mexico, Canada & China, risking trade war
US President Donald Trump on Saturday ordered 25% tariffs on Canadian and Mexican imports and 10% on goods from China starting on Tuesday, risking a new trade war that economists say could slow global growth and reignite inflation. Trump signed three separate executive orders on the tariffs...