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.

The move comes at a time of growing trade tensions and strategic competition between the world's two biggest economies.

No additional 7.5% trade VAT for shopping at supermarkets

The Dhaka International Textile & Garment Machinery Exhibition (DTG) begins today

Between October 2024 and January 2025, imports of sugar, soybean oil, lentils, chickpeas post double-digit growths

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."

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.

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.

ActionAid says

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.

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.

Trump signed executive orders last week imposing new 25 percent tariffs on steel and aluminium, due to come into effect on March 12

The relocation of about 100 KFC US corporate roles will take place over six months.

The International Monetary Fund's move to disburse the fourth and fifth tranches of a $4.7 billion loan together was a mutual decision, the finance ministry said in a press release yesterday.

Japan's second- and third-largest automakers by sales after Toyota Motor had been in talks to create a $60 billion firm after a lack of hybrid models in the U.S. and competition from local rivals in China had sent Nissan's earnings diving.

41 Bangladeshi companies are participating among 5,500 exhibitors from over 129 countries

Gross domestic product expanded 0.1 percent in 2024, well down from 1.5 percent the year before, the data showed

Since coming to power more than a decade ago, Xi has consistently sought to bolster the role of state enterprises in the world's second-largest economy and warned against the "disorderly" expansion of the private sector.

The Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association has reassured consumers and traders that there is no supply shortage of bottled edible oil in the local market.

Broadcom and TSMC are not working together, and all of the talks so far are preliminary and largely informal, the Journal added