US Trade War
Unclear how move applies to EU which earlier announced 25pc tariffs; China slaps US with retaliatory tariffs of 84 per cent.
Updated 09 Apr, 2025 11:42pm
US official conveys companies' interest to invest in mineral sector; US delegation meets army chief.
Updated 09 Apr, 2025 07:49pm
Analyst notes hike in US tariffs on China to 104pc has heightened recession risks, dampening investor sentiment at PSX.
Updated 09 Apr, 2025 04:32pm
“Nearly 50 countries have approached me personally to discuss the president’s new policy and explore how to achieve reciprocity,” Greer says.
Updated 09 Apr, 2025 10:12am
Beijing reiterated that it sought “dialogue” with Washington and its view that there were “no winners in a trade war”.
Updated 08 Apr, 2025 11:38pm
A full-blown trade war is upon us as the era of the rules-based, multilateral trading order is nearly over.
Published 08 Apr, 2025 08:20am
Textile and garment production accounts for about 80pc of exports in Bangladesh.
Updated 08 Apr, 2025 09:58am
Exporters apprehensive of commerce ministry’s "lack of readiness" to address situation; expert calls for preferential trade deals.
Updated 08 Apr, 2025 08:25am
Tech firms, carmakers, banks, casinos and energy firms all feel the pain as investors abandon riskier assets.
Updated 08 Apr, 2025 09:30am
With the incoming 34pc rate and new 50pc threat, the total additional tariffs this year could hit 104pc, White House says.
Updated 07 Apr, 2025 11:27pm
Economists, including at Goldman Sachs, have lowered country’s growth estimates to 6.1pc.
Published 07 Apr, 2025 11:33am
Analyst attributes decline to fears of a global recession; stock market halts to "cool down" before nosediving to total 8,600 points in intraday trade.
Updated 07 Apr, 2025 06:14pm
American trade imbalance is rooted in domestic woes; Trump’s inherent policies may lead to recession.
Updated 07 Apr, 2025 10:34am
EU expected to approve targeted countermeasures on US imports.
Updated 07 Apr, 2025 08:57am
Economic adviser Kevin Hassett says he does not expect a big hit to consumers as exporters are likely to lower prices.
Published 06 Apr, 2025 09:22pm
EU trade chief says ready to impose retaliatory tariff in "a calm, carefully phased, unified way".
Updated 06 Apr, 2025 10:16am
Bangladesh exports $8.4 billion of garments annually to the United States.
Updated 06 Apr, 2025 10:03am
Higher levies on goods from 57 larger trading partners due to start next week.
Updated 06 Apr, 2025 09:43am
UNCTAD warns that global economic growth could decline further.
Updated 06 Apr, 2025 09:37am
Bangladesh exports $8.4bn of garments annually to the US, data from the Bangladesh Garment Manufacturers and Exporters Association says.
Published 05 Apr, 2025 07:35pm
Shoddy math applied by US to indiscriminately penalise its trading partners signals the end of an era of global trade liberalisation.
Updated 05 Apr, 2025 03:37pm
Powell’s comments suggest the Fed is in no rush to cut its benchmark lending rate.
Updated 05 Apr, 2025 12:07pm
As things stand, Pakistan may lose out on up to $1-1.5bn of textile exports over the next year, Pakistan Business Council CEO estimates.
Updated 05 Apr, 2025 11:50am
Central bankers warn that US president may threaten to turn off the Federal Reserve's taps for foreign central banks.
Published 04 Apr, 2025 09:11pm
Beijing imposed additional tariffs of 34pc on all US goods from April 10.
Published 04 Apr, 2025 04:45pm
Watching the Trump tariffs roll in while our own prime minister congratulated himself, his team and the power of prayer for being able to pass through a power tariff cut inspired zero confidence.
Published 04 Apr, 2025 09:42am
Fitch says tariffs are highest in a century; smaller countries hit with bigger rates.
Updated 04 Apr, 2025 08:15am
Analyst says Pakistan would have to offset the immediate negative impact, make its exports competitive as compared to other tariff-hit countries.
Updated 03 Apr, 2025 05:38pm
Trump announces "baseline" 10pc tariffs; nations including Cambodia, Vietnam, Malaysia and Bangladesh will be hit much harder.
Updated 03 Apr, 2025 03:48pm
China, EU, Canada warn “countermeasures" against new tariffs; Indian official says tariffs "higher than expected"; UK says "will not hesitate to act".
Updated 03 Apr, 2025 03:44pm