{"id":10278,"date":"2019-10-04T11:55:12","date_gmt":"2019-10-04T06:55:12","guid":{"rendered":"http:\/\/www.vosa.tv\/?p=10278"},"modified":"2019-10-04T11:55:12","modified_gmt":"2019-10-04T06:55:12","slug":"china-us-trade-war-causes-steel-prices-to-soar-in-bangladesh","status":"publish","type":"post","link":"https:\/\/www.vosa.tv\/eng\/archives\/10278","title":{"rendered":"China-US Trade War Causes Steel Prices to Soar in Bangladesh"},"content":{"rendered":"<p>The trade war between the US and China is causing steel prices in Bangladesh to soar.<\/p>\n<p>Bangladesh relies on importing scrap metal from the\u00a0 United States to make steel rod , which are the\u00a0 backbone of the\u00a0 \u00a0buildings and other infrastructure. But they are becoming\u00a0 more expensive\u00a0 to build\u00a0 \u00a0because the input cost have been risen.<\/p>\n<p>That is having a knock-on effect on the rest of the economy, with house prices skyrocketing and construction taking a hit.<\/p>\n<p>The businessmen in country\u2019s capitol Dhaka, the hub of the steel rod market, says business is bad. Some traders stop piling stocks bedding prices will rise when or if the trade war eventually ends.<\/p>\n<p>President Trump\u2019s tariffs are costing poor countries as well his own \u00a0and China.<\/p>\n<p>There&#8217;s been a construction boom in Bangladesh for over the past\u00a0 20 years, but the higher prices of construction materials\u00a0 are threatening to\u00a0 \u00a0recent economic growth .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The trade war between the US and China is causing steel prices in Bangladesh to soar. Bangladesh relies on importing scrap metal from the\u00a0 United States to make steel rod , which are the\u00a0 backbone of the\u00a0 \u00a0buildings and other infrastructure. But they are becoming\u00a0 more expensive\u00a0 to build\u00a0 \u00a0because the input cost have been [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":10281,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36,31],"tags":[],"class_list":["post-10278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bangladesh","category-news"],"_links":{"self":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/10278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/comments?post=10278"}],"version-history":[{"count":2,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/10278\/revisions"}],"predecessor-version":[{"id":10280,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/10278\/revisions\/10280"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/media\/10281"}],"wp:attachment":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/media?parent=10278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/categories?post=10278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/tags?post=10278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}