Global Economy

Global Economy

Trump warns no country 'off the hook' on tariffs

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.

4h ago

Investment summit / Tk 3,100 crore promised: BIDA

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).

14h ago

Forex reserves cross $21b again

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.

14h ago

Global trade dynamics amid US-China tariff war

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.

14h ago

Analysis / Global trade dynamics amidst US–China tariff war

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

1d ago

Trump trade team chases 90 deals in 90 days. Experts say good luck with that

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

1d ago

Indonesia palm oil firms eye new markets as US trade war casts shadow

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

1d ago

Trump spares smartphones, computers, electronics from China tariffs

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

1d ago

Why is gold reaching record heights?

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.

1d ago

Increase imports of US goods to reduce trade gap: textile millers

They also suggested increasing US content in manufactured goods to 20% to qualify for reduced tariff rates

1d ago

Mojo raised Tk 4.14cr aid for the Palestinians

The brand of Akij Venture Ltd has so far sent Tk 2.7cr, as intensified Israeli attacks slowed aid sending process

1d ago

In trade war with the US, China holds a lot more cards than Trump may think − in fact, it might have a winning hand

On April 11, China dismissed Trump’s moves as a “joke” and raised its own tariff against the US to 125%

2d ago

Mighty US dollar feels heat as Trump's tariffs spark trade turmoil

The dollar, already on course for its worst year since 2017 , on Friday plunged to a decade-low

2d ago

What Samsung and Vietnam stand to lose in Trump's tariff war

Since the South Korean conglomerate entered Vietnam in 1989, it has poured billions of dollars into expanding its global manufacturing footprint beyond China

2d ago

Why is gold reaching record heights?

The trading turmoil unleashed by US President Donald Trump's tariffs has triggered a record run for gold, widely viewed as a safe-haven investment.

2d ago

Chinese manufacturers in fighting spirits despite scrapped US orders

The Chinese government is in fighting mode too, on Friday increasing its own retaliatory duties to 125 percent.

2d ago

Tariff war could cut US-China goods trade by 80%: WTO chief

The World Trade Organization chief said Wednesday the US-China tariff war could reduce trade in goods between the two economic giants by 80 percent, pulling down the rest of the world economy.

3d ago

Will Trump kill globalisation?

Spilling your Mexican beer on your t-shirt sewn in Vietnam while watching a US series on Netflix on your Chinese-made smartphone sitting outside at a Parisian cafe is an ordinary occurrence in our globalised world.

3d ago