As Trump tariff tempest calms, US buyers begin activating trade
Apparel exporters and their US buyers are gathering wits for full-steam resumption of trade as the Trump tariff tempest calms with the United States deciding to settle on a pared-down 20-percent reciprocal tariff on Bangladeshi exports.Some of the buyers are already asking their suppliers to resume production and shipment which...
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Shippers face Aug 7 deadline to enjoy tariff exemptions
The US Customs and Border Protection (CBP) has set a strict deadline for shipments to qualify for exemption from new tariffs imposed on imports, including those from Bangladesh. According to a notification from US CBP, goods already en route on their final transport before 12:01am Eastern Daylight Time (EDT) on...
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BD RMG to face 36.5pc tariff in US market: BGMEA
Bangladeshi-made readymade garment exports to the USA will face tariff at a rate of 36.5 per cent which includes 20 per cent reciprocal and existing 16.5 per cent tariff. The local RMG exports to its largest destination would get conditional duty exemption if the apparel is produced using at least...
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July Proclamation due on Tuesday
The interim government has finalised the draft of the July Proclamation, reports BSS.The July Proclamation will be presented before the nation on Tuesday (August 5) at 5 pm in the presence of all stakeholders of the mass uprising, said a press release issued by Chief Adviser's Press Wing.Details will be...
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Govt provides sovereign guarantee to WB for LNG import financing
The government has extended a sovereign and indemnity guarantee to the World Bank (WB) to support Petrobangla's costly liquefied natural gas (LNG) imports, ensuring payment if the state-run company fails to repay its loans on time.A senior official from the Finance Division under the Ministry of Finance (MoF) told The...
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NCP to unveil 'manifesto for new Bangladesh' today
Nahid Islam, convener of the National Citizen Party (NCP), has called for constitutional recognition of the 'July Declaration' by incorporating it into the Preamble and Schedules of the Constitution.He also demanded that the 'July Charter' be finalised and published by August 5.The NCP plans to unveil the manifesto for a...
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Nine-year-old malnourished Palestinian girl Mariam Dawwas sits on a bed with her mother in the Rimal neighbourhood in Gaza City
Nine-year-old malnourished Palestinian girl Mariam Dawwas sits on a bed with her mother in the Rimal neighbourhood in Gaza City on Saturday. The World Health Organisation warned on July 27 that malnutrition was reaching "alarming levels" in Gaza. — AFP
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