Under the new policy, Bangladesh will face a 20 percent tariff
The order, according to Reuters, lists higher import duty rates ranging from 10 percent to 41 percent for 69 trading partners
Bangladesh has welcomed the outcome of trade negotiations with Washington, securing a 20 percent tariff rate on its exports to the US under a sweeping new executive order issued by President Donald Trump.
The deal for Dhaka was secured just hours before a midnight deadline set by President Donald Trump
Chief Adviser Prof Muhammad Yunus yesterday congratulated tariff negotiators for securing a landmark trade deal with the United States, calling it “a decisive diplomatic victory.”
Higher tariffs on Bangladeshi exports will cost more for American consumers, resulting in reduced demand.
