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.
US Customs and Border Protection agency published a list of tariff codes excluded from the import taxes
With China, Vietnam and Cambodia vying for market share, Bangladeshi exporters fear a race to the bottom on prices -- one they may not win
On April 11, China dismissed Trump’s moves as a “joke” and raised its own tariff against the US to 125%
The accusations came as Trump posted a few minutes after Wall Street opened that "IT'S TIME TO BUY".
Responding to the 104 percent duties, Beijing said it would raise its own tariffs on US imports from 34 percent to 84 percent
While slapping another round of tariffs on China, Trump said his Chinese counterpart would want to talk to him.
Some sellers are looking to increase prices in the US while others are looking to find new markets
China levy hiked to 125%; stocks surge after announcement
"The US continues to abuse tariffs to pressure China"
China, which retaliated with 34 percent duties on US goods, is the largest importer of US agricultural products
China -- Washington's top economic rival but also a major trading partner -- is the hardest hit
Bangladesh should consider shifting its focus from the United States to regional markets to offset the risks of export loss due to tariff hikes by the Trump administration, economists said yesterday.
Last week, Trump announced a 20 percent tariff on European goods
There is a national security rationale for domestic production, but also for friendshoring and for nearshoring, because the stuff that's close by is a lot easier to secure, he says
Bangladesh’s banks are among the most vulnerable in Asia-Pacific to a sweeping hike in US import tariffs, Moody’s Ratings said, warning that the country’s heavy dependence on garment exports and fragile financial buffers have left its banking sector exposed to rising credit stress.
After two months of sluggish growth, Bangladesh’s exports surged in March, driven by strong growth in the readymade garment (RMG) sector.
Bold diplomacy, united efforts essential
Many economists have warned that tariffs are passed on to consumers and that they could see price rises at home
