Oil jumps on renewed hopes for US-China trade talks

As Bangladesh’s economy evolves, a new class of local investors is stepping into the spotlight, playing a transformative role in driving growth, innovation and resilience across key sectors.

No other region has been hit as hard as Asia by American President Donald Trump`s tariff policies targeting countries having a trade surplus with the US. The overall outlook of Asia does not seem bright after the trade war triggered by what Trump termed "reciprocal tariffs". Though paused for 90 days, a baseline 10% remains in force while China faces up to 145% duties prompting it to impose retaliatory steps.

Donald Trump spent his first 100 days back in the Oval Office driving an economy that the world envied to the brink of crisis, risking America’s reputation as a financial safe haven and fostering fear among voters who’ve lost confidence in his leadership.

Since the independence of Bangladesh, India has been regarded as a trusted neighbor. Over the years, the bilateral relationship has been shaped not only by political realities but also by evolving multilateral economic engagements. However, economic relations between the two countries have often come under strain following political transitions in Bangladesh.

Over the past two decades, Bangladesh has emerged as one of the fastest-growing economies in Asia, driven by a vibrant manufacturing sector, a growing middle class, and a steady rise in export earnings. As the country prepares for its transition from least developed country (LDC), attracting foreign direct investment (FDI) has become increasingly vital to sustaining this momentum.