121 days of Trump tariffs: Who pays the tariffs, where they go, what their impact is

Desk Report, 121 days of Trump tariffs: Who pays the tariffs, where they go, what their impact is After returning to power, US President Donald Trump started a new trade war. This time, one of his main tools is tariffs. He is using these tariffs to achieve several goals at once. Such as increasing government revenue, reducing trade deficits with other countries, and forcing foreign companies to produce products in the United States. 121 days of Trump tariffs: Who pays the tariffs, where they go, what their impact is However,…

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Bringing the tariff rate to 20 percent is a satisfactory situation: Amir Khasru

Desk Report, Bringing the tariff rate to 20 percent is a satisfactory situation: Amir Khasru Former Commerce Minister and BNP Standing Committee member Amir Khasru Mahmud Chowdhury sees the reduction of the US counter-tariff on Bangladeshi products from 35 percent to 20 percent as ‘satisfactory’. He said, ‘It is not a matter of victory or defeat. We are in a relatively satisfactory position in the competition with the tariff that has been set. We are 20 percent, Pakistan 19 percent, Vietnam 20 percent, India 25 percent.’ Bringing the tariff rate…

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Businessmen come forward to increase imports from the United States

Desk Report, Businessmen come forward to increase imports from the United States The Trump administration in the United States has reduced the countervailing duty on Bangladeshi exports from 35 percent to 20 percent. Before the White House’s announcement on Thursday, a delegation of the Bangladesh government held formal discussions in Washington, D.C., on the issue. Along with the government team, private sector entrepreneurs visiting the United States have also taken various steps to reduce the trade deficit between the two countries. These entrepreneurs have reached agreements and commitments with US…

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Initiative to reduce ship traffic congestion

Desk Report, Initiative to reduce ship traffic congestion Ships are arriving one after another with containerized goods. After unloading, these ships are leaving the port with export containers. The congestion of container ships at the port is increasing as they cannot handle the pressure of transporting goods. To reduce this congestion, the port authority wants to reduce the number of container ships plying the Chittagong port route. Initiative to reduce ship traffic congestion The steps taken by the port to ensure that fewer ships arrive have shocked shipping agents. Leaders…

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Debate over interest waiver, Commerce Bank MD resigns

Desk Report, Debate over interest waiver, Commerce Bank MD resigns Bangladesh Commerce Bank’s Managing Director (MD) Mohammad Mosharraf Hossain has resigned amid the controversy surrounding the decision to waive interest of Tk 48 crore. Debate over interest waiver, Commerce Bank MD resigns According to bank sources, some board members behaved disrespectfully with Mosharraf Hossain at the board meeting last Tuesday. He submitted his resignation the next day. Suruj Mia Spinning Mills, a defaulter of the bank, has a loan of about Tk 88 crore. In contrast, the bank’s board recently…

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Vegetable prices ease, wage growth rate still low

Desk Report, Vegetable prices ease, wage growth rate still low The inflation rate has finally started to decline in the country. The situation that people had been holding back for so long is now getting some relief. Especially in the April-June quarter, the price of vegetables has come down, which has brought relief in food inflation. Vegetable prices ease, wage growth rate still low People have come to feel relieved as the food inflation rate has come down. Because a large part of the daily expenses of poor and low-income…

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Where to buy Hilsa fish in the online market?

Desk Report, Where to buy Hilsa fish in the online market? Fisherman’s House You can buy Hilsa fish from the fisherman’s house with cash on delivery. The fish of your choice will reach you within 12 hours. For this, you have to order a day in advance on their Facebook page. At this time, the price of Hilsa weighing more than 1 kg is increasing from 2,750 to 2,900 taka. 4-5 fish make 1 kg, and small Hilsa fish of such size are 1,350 taka per kg. Delivery charge within…

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Best savings for women; How much profit is there on family savings certificates, how to buy them

Desk Report, Best savings for women; How much profit is there on family savings certificates, how to buy them The most popular savings certificate in the country is the Family Savings Certificate. Women can buy this certificate. The profit rate of this certificate is relatively high and the profit can be withdrawn every month. Best savings for women; How much profit is there on family savings certificates, how to buy them If you invest in this certificate called Family Savings Certificate, you will get a profit of 11.93 percent at…

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BRAC Bank’s profit of Tk 906 crore in six months

Desk Report, BRAC Bank’s profit of Tk 906 crore in six months In the first six months of this year, BRAC Bank’s consolidated income from government treasury bills and bonds has exceeded Tk 2,000 crore. In the first six months of this year, the bank’s income from this sector increased by Tk 852 crore compared to the first six months of last year, which is more than the bank’s actual interest income. And relying on the additional income from treasury bills and bonds, this leading private sector bank has made…

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US-China tariff truce in place for now, Trump to make final decision on extension

Desk Report, US-China tariff truce in place for now, Trump to make final decision on extension US and Chinese officials have agreed to extend a 90-day tariff waiver. The two sides reached the agreement on Tuesday after two days of “constructive talks” in Stockholm, Sweden, to ease the trade war between the world’s two largest economies. The trade war between them is posing a major threat to global growth. US-China tariff truce in place for now, Trump to make final decision on extension However, no significant progress has been announced…

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