28-Nov-2024

Friday 29 November 2024

30-Nov-2024

Cars to fruit: The goods set to get pricier under Trump’s tariff plans

The Financial Express

United States President-elect Donald Trump has pledged to impose tariffs of 25 per cent on Canadian and Mexican imports, and an “additional” 10 per cent tariff on Chinese goods as soon as he takes office in January. Trump, who announced the plans on Monday on his social media platform Truth Social, said the measures were in response to Canada and Mexico’s failure to keep undocumented workers and drugs from flowing across the US border.

State of economy more alarming than perceived: Debapriya

The Financial Express

Bangladesh economy is left in a state even more alarming than the "dangerous economic situation" perceived by the masses because of corruption and looting during the last regime, says Dr Debapriya Bhattacharya. The CPD Distinguished Fellow and head of the committee on preparation of White Paper on the economy urges formulating an immediate comprehensive action plan prioritizing inflation control, ensuring food security and social protection, expediting private investment, disciplining public financing and increasing domestic resource mobilization for the next seven months ahead of the next national budget.

Economy gradually overcoming local-global headwinds

The Financial Express

Bangladesh's economy is gradually overcoming local and global headwinds with foreign-exchange reserves and export-import trade showing signs of a rebound, says a leading trade body. Drawing a mixed picture of the latest situation on the economic front in its quarterly economic review for July-September period of fiscal year 2024-25, the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) also listed some pressing challenges facing the economy and trade and business.