‘Historically new level’: US cuts tariffs on Bangladeshi goods to 19% under new trade deal

[ad_1] The United States and Bangladesh on Monday reached an Agreement on Reciprocal Trade as both sides seek to deepen their “bilateral economic relationship”. Under the arrangement, Bangladesh’s exports to the American market will face a 19% tariff, slightly below the earlier rate of 20%. The signing brought together US trade representative Jamieson Greer and […]

‘Safeguarded agriculture, dairy’: Piyush Goyal hails India-US trade deal in Parliament

[ad_1] NEW DELHI: Union commerce and industry minister Piyush Goyal on Wednesday defended the India-US bilateral trade agreement in the Lok Sabha, saying India had “successfully safeguarded” its sensitive sectors, particularly agriculture and dairy, after nearly a year of negotiations between the two sides. “As the Members of the House are aware, since Prime Minister […]

Trump plays up prospects of ‘fair deal’ on trade with China

[ad_1] WASHINGTON: US President Donald Trump late on Wednesday played up prospects of a “fair deal” on trade with China, but his top officials offered few details of how Washington might de-escalate its damaging tariff war with Beijing. Trump told reporters his country would have a “fair deal with China,” adding that “everything’s active” when […]