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April 3, 2025

China hits back at Trump tariffs with extra 34pc tax on US goods

China has announced that it will impose an additional 34% tariff on all US goods, effective from 10 April.

The decision comes as a response to the latest trade measures taken by the United States, which China claims are "not in line with international trade rules," according to its finance ministry, reports BBC.

This move follows US President Donald Trump's announcement of a 54% tariff on Chinese products, which includes earlier duties already in place. The escalating trade tensions have sent global markets tumbling for a second consecutive day, fuelling fears of a potential global economic downturn.

Myanmar confirms start of 180,000 Rohingya repatriations

The Myanmar authorities have confirmed to Bangladesh that out of a list of 800,000 Rohingyas sheltered in Bangladesh, they have identified 180,000 Rohingyas eligible for return to Myanmar. The original list was provided by Bangladesh in six batches during 2018-20.
The final verification of another 70,000 Rohingyas is pending additional scrutiny of their photographs and names.
This was disclosed on F...

Yunus, Modi meeting marks effort to rebuilding trust

In a significant diplomatic engagement, Chief Adviser Muhammad Yunus of Bangladesh and Indian Prime Minister Narendra Modi met during the BIMSTEC summit in Bangkok on Friday. This marked their first official interaction since the ousting of the Sheikh Hasina government in August 2024. The meeting took place against the backdrop of increasingly strained ties between the two South Asian nations. The leaders exchanged greetings with mutual respect, emphasising a willingness to engage in open dialogue. Their candid 40-minute conversation was described as productive and constructive.

Key Discussions

Bangladesh Requests<...

1st-ever Yunus-Modi meet held on BIMSTEC sidelines

Chief Adviser Professor Muhammad Yunus and Indian Prime Minister Narendra Modi joined a bilateral meeting on the sidelines of the sixth BIMSTEC Summit in Bangkok, Thailand, today (Friday). Chief Adviser's Press Secretary Shafiqul Alam confirmed the media. Chief Adviser Dr Muhammad Yunus raised a number of issues in the meeting, including deposed Prime Minister Sheikh Hasina’s extradition, water sharing of common rivers and border killings with Indian Prime Minister Narendra Modi during the much-talked-about bilateral meeting on the sidelines of the BIMSTEC Summit. Chief Adviser's Press Secretary Shafiqul Alam briefed reporters ...

WTO expresses concern over Trump’s tariff policies

The recent tariff announcements by US President Donald Trump will have substantial implications for global trade and economic growth prospects, Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation (WTO). In a statement, she said while the situation is rapidly evolving, our initial estimates suggest that these measures, coupled with those introduced since the beginning of the year, could lead to an overall contraction of around 1% in global merchandise trade volumes this year, representing a dow...
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