He urged exporters and businesses to closely monitor updates from the US Treasury and relevant authorities

Khan believes non-leather footwear dependency is not as critical compared to other industries

“Such tariff measures could significantly hurt exports, particularly the RMG sector," said Raihan

His remarks come as Bangladesh is set to face a 37 percent tariff on its exports to the US

"We need a comprehensive review," said Mahfuz Kabir, research director of BIISS

Japanese firms are the biggest investors into the United States but Tokyo has failed to secure an exemption, with Trump announcing a hefty 24-percent levy on Japanese imports

The panic came after the US president on his so-called Liberation Day unveiled a blitz of levies aimed at correcting trade deficits

Inflation reached 2.2 percent, calmed by an easing of energy tariffs,prices in the services sector

"To me, the most beautiful word in the dictionary is 'tariff,'" Trump repeatedly said on the campaign trail for the 2024 election.

The IMF has conducted research showing that uncertainty around trade can have a negative impact on the economy and hold back growth.

Google will be prohibited from displaying its own related services in search results in preference to similar services from other companies.

Vietnam, which runs a $123.5 billion trade surplus with the United States, is a prime target.

Bullion touched an all-time high of $3,148.88 on Tuesday.

Equities have been battered leading up to the US president's announcement -- which he has dubbed "Liberation Day" -- with warnings that friend and foe are in the crosshairs after what he says is years of "ripping off" the United States.

Gross domestic product expanded 1.1 percent in 2024, up from an initial estimate of 0.9 percent, the Office for National Statistics (ONS) said in a statement.

While the implementation of the tariffs had been anticipated for weeks, their details surprised manufacturers and experts as the levies will not only apply to imports of finished vehicles but parts as well.

Mother vessels can no longer berth directly at Payra

For more than half a century, the dollar has defied the doom-mongers. And the most likely prospect is that it will continue to do so

Trump said this month the United States was in talks with four groups interested in acquiring TikTok, with the app facing an uncertain future in the country.

Earlier, the startups in Bangladesh were not allowed to invest abroad