Expectation of a large 2018-19 cotton crop kept purchasers retracted from the spot market leading to a dip in prices during the first fortnight of June 2019. After dropping 2.58 per cent in May, between May 31 and June 14, the CEPEA/ESALQ cotton Index, with payment in...
The country’s leading medicine exporter Beximco Pharmaceuticals Limited has commenced export of a blood pressure drug, Nadolol, to the US market. Nadolol tablets (20mg, 40mg and 80mg) are the generic equivalent of Bristol-Myers Squibb’s Corgard tablets for treating hypertension and angina pectoris (chest pain). This is Beximco’s...
Negative oil prices, ships dawdling at sea with unwanted cargoes, and traders getting creative about where to stash oil. The next chapter in the oil crisis is now inevitable: great swathes of the petroleum industry are about to start shutting down. The economic impact of the coronavirus has ripped through...
According to the Footwear Distributors and Retailers of America (FDRA), President Trump’s newest proposal to add an additional US$300 billion in duties on apparel, footwear and textiles imported from China could cost Americans US$7 billion more each year in footwear alone. Early Monday evening, the Trump administration filed a new proposal...
বাণিজ্য ক্ষেত্রে এত দিন  যুক্তরাষ্ট্র থেকে ভারত একটি বিশেষ সুবিধা (জেনারালাইজড সিস্টেম অব প্রেফারেন্স বা জিএসপি) পেত। এবার সে সুবিধা বন্ধ করে দিচ্ছে ট্রাম্প প্রশাসন। যুক্তরাষ্ট্রের পক্ষ থেকে গতকাল বৃহস্পতিবার জানিয়ে দেওয়া হয়েছে, ‘সিদ্ধান্ত পাকা।’ মোদি সরকারের সঙ্গে মার্কিন প্রশাসনের সুসম্পর্কের কথা সবার জানা।...
With many countries beginning to emerge from lockdown in the wake of the coronavirus pandemic attention has turned to the economic recovery. The potential shape of that recovery - U-shaped, W-shaped, V-shaped or even 'square root shaped' - has split economists and strategists. All 50...
Washington’s escalating trade war with Beijing has not “made America great again” and has instead damaged the American economy, China said Sunday, warning that while it wants resolution through talks there will be no compromise on core principles. Beijing’s broadside is the latest act in a bruising...
China has raised the rate of additional tariffs imposed on some of the imported US products from June 1, according to a statement from the Customs Tariff Commission of the State Council. China increased the rate of additional tariffs on some of the about 60 billion US...
The US Hide, Skin and Leather Association (USHSLA) has said the escalation of the trade tensions between the US and China will mean increased tariffs on some exports of raw material from the US to tanners in China. However, it said on May 14 that most US...
The restrictions would limit Hikvision’s ability to buy U.S. technology and American companies may have to obtain government approval to supply components to the Chinese firm, the New York Times reported on Tuesday. The United States stuck Huawei Technologies on a trade blacklist last week, effectively banning U.S. firms from doing...