Bangladesh will propose to provide duty facilities to the US under a multilateral trading mechanism to retain low tariffs, as the 90-day pause of Trump’s reciprocal tariffs will come to an end on July 8.
In the budget for FY26, the government has proposed reducing import duties on certain goods and amending trade rules to enhance competitiveness in preparation for the country’s impending graduation from the list of least developed countries (LDCs).
Five American trade bodies wrote joint letter to Trump
Although tanners have voiced opposition, the government will allow rawhide exports during the Eid-ul-Azha season with the aim of fostering demand and ensuring better prices for traders at the field level, Commerce Secretary Mahbubur Rahman said yesterday.
American Apparel & Footwear Association (AAFA), the US’s largest trade body in the apparel and footwear sector, and the Fair Labour Association (FLA) tied Bangladesh’s efforts to improve labour rights to ensure successful tariff negotiation with the Trump administration.
The association urges the interim government to send a letter to India seeking the opportunity
Bangladesh does not want any further escalation in tension with India, as the recent retaliatory moves are affecting bilateral trade
The commerce ministry has convened an inter-ministerial meeting today to work out ways to address India’s restrictions on imports from Bangladesh through land ports.
Bangladesh will propose to provide duty facilities to the US under a multilateral trading mechanism to retain low tariffs, as the 90-day pause of Trump’s reciprocal tariffs will come to an end on July 8.
In the budget for FY26, the government has proposed reducing import duties on certain goods and amending trade rules to enhance competitiveness in preparation for the country’s impending graduation from the list of least developed countries (LDCs).
Five American trade bodies wrote joint letter to Trump
Although tanners have voiced opposition, the government will allow rawhide exports during the Eid-ul-Azha season with the aim of fostering demand and ensuring better prices for traders at the field level, Commerce Secretary Mahbubur Rahman said yesterday.
American Apparel & Footwear Association (AAFA), the US’s largest trade body in the apparel and footwear sector, and the Fair Labour Association (FLA) tied Bangladesh’s efforts to improve labour rights to ensure successful tariff negotiation with the Trump administration.
The association urges the interim government to send a letter to India seeking the opportunity
Bangladesh does not want any further escalation in tension with India, as the recent retaliatory moves are affecting bilateral trade
The commerce ministry has convened an inter-ministerial meeting today to work out ways to address India’s restrictions on imports from Bangladesh through land ports.
"This sudden decision could severely disrupt bilateral trade"
Global fashion brands are reaping triple-digit profits on Bangladeshi garments, buying at $3 and selling for three to four times more. Yet, they continue to pressure factories to cut prices further.
