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June 26, 2025

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US tariffs

Inditex's summer sales disappoint as tariffs fuel uncertainty
Inditex's summer sales disappoint as tariffs fuel uncertainty

The weaker-than-expected numbers offer a first glimpse of the impact of global trade tensions on the fast-fashion industry ahead of the second-quarter earnings season

$2.97bn in remittances received in May
$2.97bn in remittances received in May

This marks the second-highest monthly total in the country’s history, Bangladesh Bank says

Trump threatens tariffs on Apple, EU products
Trump threatens tariffs on Apple, EU products

White House trade talks continue with countries, but progress remains unsteady

EU sets out 95bn euro countermeasures to US tariffs
EU sets out 95bn euro countermeasures to US tariffs

The European Commission, which coordinates trade policy for 27-nation EU, says it is launching a month-long consultation for EU members and business to react

Bangladesh may ask for more time on US tariffs: Salehuddin
Bangladesh may ask for more time on US tariffs: Salehuddin

“They’ve given three months, we’ll seek more if required,” says the finance advisor

Trump trade war spreads more gloom
Trump trade war spreads more gloom

The Trump administration will look at lowering tariffs on imported Chinese goods pending talks between the two countries, a source tells Reuters

IMF cuts growth forecasts for most countries in wake of US tariffs
IMF cuts growth forecasts for most countries in wake of US tariffs

The IMF releases an update to its World Economic Outlook compiled in just 10 days after Trump announces universal tariffs on nearly all trading partners

Tariffs' impact on developing nations could be 'catastrophic': UN
Tariffs' impact on developing nations could be 'catastrophic': UN

Bangladesh could lose billions in exports if the tariff hikes persist, data shows

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