Suppliers to Walmart WMT.N have delayed or put on hold some orders from garment manufacturers in Bangladesh, according to three factory owners and correspondence from a supplier seen by Reuters, as US President Donald Trump’s threat of a 35 percent tariff on the textile hub disrupts business.
The tariff places Bangladesh at an immediate disadvantage against regional competitors in the garment trade.
Suppliers to Walmart WMT.N have delayed or put on hold some orders from garment manufacturers in Bangladesh, according to three factory owners and correspondence from a supplier seen by Reuters, as US President Donald Trump’s threat of a 35 percent tariff on the textile hub disrupts business.
The tariff places Bangladesh at an immediate disadvantage against regional competitors in the garment trade.
