While India faces a steeper 25% tariff, Bangladesh has managed to strike a balance between protecting its vital export industries and accommodating US demands, particularly in agricultural trade.
Bangladesh, US conclude final round of tariff talks
The final round of negotiations between Bangladesh and the United States over a trade agreement aimed at reducing reciprocal tariffs has concluded, according to officials from the Ministry of Commerce ...
Pakistan’s annual inflation accelerates to 4.1% in July
Pakistan's consumer inflation accelerated to 4.1% year-on-year in July, up from 3.2% in June, driven by rising prices for food items, fuels and medicines, the statistics bureau said on Friday.
Thousands rush to AfPak border after Pakistan renews Afghan deportation drive
On Friday, “around 4,000 to 5,000 people” were waiting at the Chaman border to return to Afghanistan, according to Habib Bingalzai, a senior government official in Chaman ...
Pakistan Inflation Accelerates in July After Raise in Fuel Costs
Pakistan’s inflation accelerated after the government increased domestic fuel prices, vindicating a decision by policymakers two days ago to unexpectedly keep policy rate unchanged.
India Reels From the Shock of Trump’s Onslaught
Russian oil poses just one problem. Business groups are flummoxed by the variety and vagueness of the American president’s complaints.
Exclusive: US sanctions force vessels with Russian oil to divert from India, sources say
At least two vessels loaded with Russian oil bound for refiners in India have diverted to other destinations following new U.S. sanctions, trade sources said, and LSEG trade flows showed.
India’s NSE pays markets regulator $4.6 million to settle data sharing case
The National Stock Exchange of India has paid 403.5 million rupees ($4.6 million) to the markets regulator to settle a case involving the indirect sharing of confidential information on listed ...
China’s central bank sets up new financial stability committee
China's central bank has set up a macroprudential and financial stability committee to help defuse financial risks, it said on Friday, pledging to maintain accommodative policy.
Leveling the field: What the new US tariff rate means for Bangladesh
The recent reduction in the US reciprocal tariff rate for Bangladesh, from 35 percent to 20 percent, is a welcome development for the country's export sector. This revision comes as part of a broader ...