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Latest News from BRG and the Global Building Products Industry
Stay informed regarding BRG's latest publications and industry news covering the markets for HVAC equipment, components & controls, bathroom & kitchen products, plumbing, pipes, valves & fittings and thermal insulation.


U.S. Reduces Tariff on Chinese E-Commerce Shipments
EXIM USA: The United States will reduce the "de minimis" tariff on shipments from China to 54% from the previously planned 120%, while...
brg_news_room
6 days ago1 min read


China’s Export Strength Shows in April, Up 9.3% Despite Tariffs
Export and import CHINA: Despite the implementation of steep new U.S. tariffs on Chinese goods beginning in early April, China’s exports...
brg_news_room
May 121 min read


Vietnam Targets Minimum 8% GDP Growth in 2025
GDP VIETNAM: Vietnam is aiming for a GDP growth rate of 8% or higher in 2025, with projections placing the national economy at over...
brg_news_room
May 61 min read


Canada’s Housing Developers Struggle Amid Economic and Trade Pressures
Canada’s Housing Developers Struggle Amid Economic and Trade Pressures Canada: Housing developers in Canada are expected to face...
brg_news_room
Apr 232 min read


National Board of Revenue Bans and Restricts Imports from India, Nepal, and Bhutan
National Board of Revenue Bans and Restricts Imports from India, Nepal, and Bhutan Bangladesh: The National Board of Revenue (NBR) has...
brg_news_room
Apr 231 min read


U.S. Finalizes High Tariffs on Southeast Asian Solar Products Amid Trade Dispute
Trade USA: U.S. trade authorities have finalized significant tariffs on most solar cells imported from Southeast Asia, marking a major...
brg_news_room
Apr 222 min read


UAE Pledges USD 1.4 Trillion U.S. Investment Over 10 Years
UAE Pledges USD 1.4 Trillion U.S. Investment Over 10 Years UAE: A 10-year, USD 1.4 trillion investment framework had been committed to by...
brg_news_room
Apr 161 min read


ASEAN Vows No Retaliation Against U.S. Tariffs
ASEAN Vows No Retaliation Against U.S. Tariffs Southeast Asia: ASEAN economic ministers had decided against imposing any retaliatory...
brg_news_room
Apr 161 min read


Fitch Upgraded Pakistan’s Credit Rating to ‘B-’ Amid Progress on Fiscal Reforms
Fitch Upgraded Pakistan’s Credit Rating to ‘B-’ Amid Progress on Fiscal Reforms Pakistan: Global credit rating agency Fitch upgraded...
brg_news_room
Apr 161 min read


Japan Resists Pressure Ahead of US Tariff Talks, Warns of Economic Risks
GDP JAPAN: Japan has signaled it will not make major concessions or rush into a deal as it prepares for upcoming tariff negotiations with...
brg_news_room
Apr 151 min read


Trade Cooperation Strengthened by China, Japan and South Korea Amid US Tariff Concerns
Trade Cooperation Strengthened by China, Japan and South Korea Asia: Trade cooperation has been agreed upon by China, Japan, and South...
brg_news_room
Apr 151 min read


China Imposes Tariffs on U.S. Goods in Response to Trump’s Trade Hikes
China Imposes Tariffs on U.S. Goods in Response to Trump’s Trade Hikes China: China has imposed a 34 percent tariff on all U.S. imports...
brg_news_room
Apr 101 min read


New US Tariffs Likely to Impact Bangladesh’s Exports
New US Tariffs Likely to Impact Bangladesh’s Exports Bangladesh: The United States has introduced a 37 percent tariff on imports from...
brg_news_room
Apr 102 min read


Germany Introduces Dynamic Grid Charges and Extends CHP Funding
Germany Introduces Dynamic Grid Charges and Extends CHP Funding Germany: From April, dynamic grid charges will be implemented in Germany,...
brg_news_room
Mar 311 min read


Spain Records Strongest Economic Growth Among Euro Zone Nations in 2024
Spain Records Strongest Economic Growth Among Euro Zone Nations in 2024 Spain: The Spanish economy recorded a growth rate of 3.2% in...
brg_news_room
Mar 281 min read


UK Economy Growth Forecast Revised Downwards for 2025
UK Economy Growth Forecast Revised Downwards for 2025 UK: The UK economy is forecast to grow by 1.0% in 2025, according to finance...
brg_news_room
Mar 271 min read


Sweden On Path To Economic Recovery But With A Mixed Outlook for 2025
Sweden Sweden: Sweden's economy entered a recovery phase in the second half of 2024, with GDP increasing by 0.8% in the fourth quarter....
brg_news_room
Mar 231 min read


Bangladesh GDP Set to Surpass $500 Billion for First Time in FY26
GDP BANGLADESH: The Finance Division estimates that Bangladesh’s gross domestic product (GDP) at current prices will reach $517.7 billion...
brg_news_room
Mar 121 min read


Uzbekistan and Turkmenistan Implement Free Trade Agreement
Flag of Uzbekistan Uzbekistan/Turkmenistan: On 25 February, Uzbekistan and Turkmenistan's free trade agreement came into effect following...
brg_news_room
Mar 91 min read


China Sets 5% Growth Target Amid US Tariff Escalation
Flag of China China: China has set an economic growth target of around 5% for 2025, despite challenges from a slowing domestic economy...
brg_news_room
Mar 91 min read
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