Bangladesh spared from major uncertainty with Trump’s decision on tariffs

Desk Report, Bangladesh spared from major uncertainty with Trump’s decision on tariffs Bangladesh’s National Security Advisor Khalilur Rahman said that the decision of US President Donald Trump’s administration to reduce the countervailing duties imposed on Bangladesh ahead of the August 1 deadline has saved Bangladesh from a major uncertainty. Bangladesh spared from major uncertainty with Trump’s decision on tariffs Khalilur Rahman told Prothom Alo from Washington DC in response to the US imposing a 20 percent tariff on goods imported from Bangladesh, reducing it by 15 percent after the third…

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There will be opportunities to expand business in the US market.

Desk Report, There will be opportunities to expand business in the US market. We have been in a state of uncertainty for the last three months regarding the countervailing duties. It is difficult to do business in a state of uncertainty. US buyers were also observing the direction in which the situation would go. It is a relief for us that the countervailing duties have finally been reduced from 35 percent to 20 percent. There will be opportunities to expand business in the US market. We have been saying from…

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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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How India became a major buyer of Russian oil

Desk REport, How India became a major buyer of Russian oil When President Donald Trump this week accused India of buying large quantities of oil from Russia and threatened to impose a “punitive” tax on top of the existing 25 percent tariff, it came as a shock. How India became a major buyer of Russian oil India’s active and visible presence in buying Russian energy has been notable since the invasion of Ukraine. At the time, most Western countries had reduced or stopped buying oil from Moscow altogether. The US…

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How India now wants to win over Trump

Desk Report, How India now wants to win over Trump India is now considering some options to appease the US. For example, increasing imports of goods from that country. However, India has no immediate plans to take countermeasures after President Donald Trump suddenly announced a 25 percent tariff on India. This is what several Indian officials involved in the talks said. How India now wants to win over Trump Officials in New Delhi say they are surprised and disappointed by Trump’s announcement. The government is now keen to keep trade…

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Zimbabwe avoids innings defeat, New Zealand secures big win

Desk Report, Zimbabwe avoids innings defeat, New Zealand secures big win New Zealand needed 8 runs to win. There were still 11 minutes left before the tea break. Surprisingly, the tea break was announced at such a time. Zimbabwe avoids innings defeat, New Zealand secures big win In the end, however, the result was what it was. Batting a little late, New Zealand reached the required runs in 2.2 overs, although they had to lose 1 wicket. The Kiwis won the first of the two-Test series against hosts Zimbabwe in…

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Will the Houthi attack derail Saudi Crown Prince’s Red Sea port plans?

Desk Report, Will the Houthi attack derail Saudi Crown Prince’s Red Sea port plans? Saudi Arabia, the dominant Middle Eastern country, has invested heavily in Red Sea ports as part of a plan to diversify its economy away from oil. But attacks by Yemen’s Houthi rebels have dealt a major blow to those ambitions. Will the Houthi attack derail Saudi Crown Prince’s Red Sea port plans? King Abdullah Port, which opened in 2014, received 188 container ships in 2023. That number has fallen to 59 in 2024, a drop of…

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Election Commission is stealing votes for BJP, alleges Rahul Gandhi

Desk Report, Election Commission is stealing votes for BJP, alleges Rahul Gandhi During the debate on the thorough revision of the voter list in Bihar, Congress leader Rahul Gandhi made serious allegations of vote rigging against the Election Commission of India (EC). On Friday, he said in the Parliament premises that according to the opposition’s investigation, the EC is stealing votes on a large scale to benefit the ruling BJP. Election Commission is stealing votes for BJP, alleges Rahul Gandhi Rahul said that what has come out of their investigation…

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Chinese swimmer sets record by winning medal at age 12

Desk Report, Chinese swimmer sets record by winning medal at age 12 Yu Jidi is only 12 years old. Most people at this age are fully focused on their studies. However, this Chinese schoolgirl has set a new world swimming record in the pool. Chinese swimmer sets record by winning medal at age 12 Yu Jidi is now the youngest medalist at the World Swimming Championships. China won the bronze medal in the relay event of the competition in Singapore, and Yu Jidi has written her name in this extraordinary…

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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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