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Bangladesh hopes for trade agreement with US

Dhaka, July 8, 2025 – Bangladesh, the world's second-largest textile manufacturer, still hopes to reach an agreement with the US to avoid the sharp rise in customs duties threatened by Donald Trump. A senior official told AFP on Tuesday. The textile industry contributes 80 percent of the South Asian country's total exports. One-fifth of its...

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Trump extends tariff deadline, imposes reciprocal tariffs on Japan and South Korea

US president Donald Trump has extended his deadline to set certain tariff rates to August 1. A number of new reciprocal tariffs, announced July 7, will also take effect on this date. Trump had initially enacted a freeze on tariff rates lasting 90 days, to July 9. During this time, he opened up discussions with other countries to either agree on...

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