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Major garment producer Bangladesh seeks deal after 35% US tariff
Major garment producer Bangladesh seeks deal after 35% US tariff
Business and Economy
by  AFP

Bangladesh, the world's second-biggest garment manufacturer, holds hope to reduce the 35 percent tariff that US President Donald Trump said he will impose, the country's top commerce official told AFP on Tuesday. Trump hit Bangladesh with 37 percent tariffs in an April 2 announcement, but in a letter issued Tuesday, the US leader said it would now be 35 percent.

Most markets rise as Trump sends tariff letters, delays deadline
Most markets rise as Trump sends tariff letters, delays deadline
Business and Economy
by  AFP

Most stocks rose Tuesday as traders cautiously welcomed Donald Trump's extension of his tariff deadline and indication he could push it back further, though uncertainty over US trade policy capped gains. While Wall Street's three main indexes ended down -- with the S&P 500 and Nasdaq back from record highs -- Asian markets mostly rose.