US Supreme Court Strikes Down Trump’s Global Tariff Policy
The US Supreme Court has declared President Donald Trump’s controversial universal or global tariff policy of his second term invalid.
Bangladesh Must Purchase U.S. Agricultural Products Worth 42 Thousand Crore Taka Annually
Discussions have begun in the country regarding the recently signed reciprocal tariff-related trade agreement with the United States. Under the agreement, garments made from U.S. cotton will receive duty-free access to the U.S. market. At the same time, the reciprocal tariff imposed on Bangladesh has been reduced from 20 percent to 19 percent. However, in return, Bangladesh will have to purchase agricultural products worth 42 thousand crore taka annually. In other words, in the name of tariff concessions, a new pressure has actually been created on Bangladesh.
Bangladesh-US Tariff Pact Falls Short: Only 1% Reduction After Months of Talks
After nine months of continuous negotiations, the signing of the “reciprocal tariff agreement” between Bangladesh and the United States has drawn mixed reactions from trade analysts. The agreement, signed in Washington on Monday, has reduced reciprocal tariffs on Bangladeshi products by only 1 percent, bringing them down to 19 percent a result many believe falls far short of expectations given the length and intensity of the discussions.
Trump Announces 100% Tariffs on Chinese Goods Amid Escalating Trade Tensions
President Donald Trump has declared that the United States will impose 100% tariffs on Chinese goods starting November 1, 2025. The decision comes in response to what Trump called China’s “extraordinarily aggressive” new trade restrictions.
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