Browse Author

bdreports24

US fashion industry too decries ‘Worst Offender’ tariffs

Shortly after the tariffs were imposed, the United States Fashion Industry Association (USFIA) expressed its disappointment. "We are deeply disappointed by the Trump Administration’s decision to impose new tariffs on all imports.

This action will particularly affect American fashion brands and retailers. Some of the major suppliers for U.S. imports and the major customers for U.S. exports are targeted with the substanti...

Experts warn of fallout if tariff issues remain unaddressed

The recent decision by the Trump administration to impose new reciprocal tariffs has sparked significant concerns among experts and stakeholders in Bangladesh.

According to Zahid Hussain, former lead economist at the World Bank’s Dhaka Office, this move is expected to result in an economic downturn in the United States by increasing prices and reducing consumers’ purchasing power. He cautioned t...

Why Bangladesh should join ASEAN – and what stands in the way

Bangladesh’s foreign policy is shifting. With the recent political change at home and an increasingly volatile global order, Bangladesh is adopting a “looking east” policy. For rapid economic growth, regional connectivity, and strategic diversification, the country has been hoping to join the Association of Southeast Asian Nations (ASEAN). The question is no longer whether Bangladesh is willing to join ASEAN, but whether it is ready and also whether ASEAN is prepared to embrace its South Asian neighbor.

Trump’s tariff formula misleading, flawed: Warn experts

The tariff calculations used by the Trump administration to justify retaliatory tariffs on multiple countries, including Bangladesh, have come under scrutiny for their questionable methodology and lack of transparency.

According to reports, the administration’s “Tariffs Charged to the U.S.A.” calculation includes not just direct import duties on American goods but also factors in currency manipulation and trade barriers. However, critics argue that no clear explanation has ...

Dhaka too reviewing tariffs on US products

Bangladesh is reviewing its tariffs on products imported from the United States, informed Shafiqul Alam, press secretary to Chief Adviser Professor Dr. Muhammad Yunus.

In a Facebook status, the press secretary said, the National Board of Revenue is identifying options to rationalise tariffs expeditiously, which is necessary to address the matter.

The United States is a close friend of Bangladesh and our largest export destination. We have been working ...

CA leaves for Bangkok to attend BIMSTEC Summit

Chief Adviser Professor Muhammad Yunus departed for Bangkok at 8:55 am (Thursday morning) by a Biman Bangladesh Airlines flight to attend the sixth Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Summit. Chief Adviser's High Representative on Rohingya and priority issues Dr Khalilur Rahman informed that the BIMSTEC Summit 2025 will focus on seven key pillars of regional cooperation: Trade, Investment and Development; Environment and Climate Change; Security; Agriculture and Fo...
Verified by MonsterInsights