Business
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US Introduces Port Fees on Chinese-Linked Ships to Strengthen Domestic Shipbuilding Industry
Apr 19, 2025The United States has announced new port fees targeting Chinese-built and operated vessels, aiming to bolster its domestic shipbuilding sector and reduce China’s dominance in global maritime trade. This move follows an investigation initiated under the... -
Volkswagen Considers U.S. Audi Production to Mitigate Impact of New Tariffs
Apr 19, 2025Volkswagen is contemplating relocating part of its Audi production to the United States as a strategic response to the 25% tariff imposed by President Donald Trump on imported automobiles. The German automaker aims to mitigate the... -
Netflix Surpasses Earnings Expectations in Q1 2025 Amid Economic Uncertainty
Apr 18, 2025Netflix has reported quarterly earnings that exceeded analysts’ expectations, attributing its performance to strategic focus amid global economic challenges. The streaming giant announced a profit of $2.9 billion on revenues of $10.5 billion for the first... -
Bangladesh Poised to Capitalise on U.S. Tariff Shifts, WTO Reports
Apr 18, 2025The World Trade Organization (WTO) has observed that Trump’s tariff hike could open the door for Bangladesh to expand its exports to the United States (US). “Least-Developed Countries (LDCs) are projected to see their exports …... -
US-China Trade Tensions Escalate as Trump Imposes Sweeping Tariffs
Apr 16, 2025In a significant development on April 16, 2025, the United States intensified its trade measures against China, imposing additional tariffs on a wide range of Chinese imports. President Donald Trump has stated that “the ball is... -
US opens door to tariffs on pharma, semiconductors
Apr 16, 2025On Monday, the United States allowed taxes on pharmaceuticals and high-end technology, adding to the uncertainty engulfing the world economy in a trade battle that Chinese leader Xi Jinping has warned can have “no winner.” After... -
Dhaka, Islamabad hold FOC on Thursday after 15 years
Apr 16, 2025On Thursday, after almost 15 years apart, Bangladesh and Pakistan will hold a Foreign Office Consultation (FOC) at the level of a foreign secretary in Dhaka. As revealed to BSS today by a senior official at... -
Japan says US tariffs cut company profits ‘day by day’
Apr 14, 2025Japanese firm profits were declining “day by day” on Monday, according to Japan’s envoy for the upcoming tariff negotiations with the United States, who also urged a speedy resolution. Prime Minister Shigeru Ishiba informed MPs on... -
China’s exports beat forecast in March despite trade war woes
Apr 14, 2025China said Monday that exports soared 12.4 percent year-on-year last month, beating expectations as Beijing navigated mounting trade headwinds sparked by US President Donald Trump. The figure was more than double the 4.6 percent predicted in... -
China slaps 125% tariffs on US goods but to ‘ignore’ further hikes
Apr 13, 2025China said Friday it would raise tariffs on US goods to 125 percent but would ignore further levies by President Donald Trump because it no longer makes economic sense for importers to buy from America. After...
