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Trump’s trade war and Bangladesh

President Donald Trump had long been warning that the USA would impose higher tariffs on selected imports from its major exporters like China, the European Union (EU), and India.  He has now carried out the threat against China, the European Union (EU), Canada, Mexico and India who have also retaliated in kind by imposing higher tariffs on US exports to them.  By June, a veritable global trade war has started.

The futures traded in NASDAQ and International Commodities Exchange (ICE) show that US and international market prices of some key primary commodities, such as, cotton, soy, and maize are already experiencing [...] Read more

Stretching the future of denim industry

The success of Bangladeshi denim and denim products were widely covered in the media during the 8th Bangladesh Denim Expo held in May 2018 in Dhaka. Reports of high growth and high market shares of Bangladeshi denim apparels in the major export destinations of North American and Europe have raised hopes. Eurostat reported that the market value of Bangladeshi denim in the EU was worth 1.30 billion euros, a marginal 0.54 per cent increase from 1.29 billion euros in 2016. In the same year, Bangladesh exported denim products worth US$507.92 million to the US market, scoring a 9.55 per cent [...] Read more