-
Reciprocal Tariffs Effective 1 August: President Trump sent letters to 14 countries announcing new ad valorem duty rates—ranging from 25% to 40%—on imports, set to take effect from 1 August 2025.
-
Executive Order Signed: An executive order signed by President Trump extends the suspension of reciprocal tariffs until 1 August 2025, delaying their implementation originally scheduled for 9 July 2025.
Sources:
Latest Posts in "Bangladesh"
- Economists Urge Shift to Direct Taxes as VAT Burden Grows for Bangladesh’s Poor and Middle Class
- Government Extends VAT Exemption on Metro Rail Tickets, Reduces Import Tax on Dates
- Finance Adviser Criticizes VAT Evasion, Urges Simpler System and Greater Accountability in Bangladesh
- Government Aims for Transparent, Hassle-Free, Technology-Driven VAT System for Public Trust
- NBR Chief Urges Broader VAT Registration to Reduce Import Reliance and Boost Domestic Revenue
