Govt should have been better prepared and more proactive
Bangladesh will launch the third round of negotiations with the United States Trade Representative (USTR) next week, aiming to secure a more “rational” tariff structure before the August 1 deadline, said Commerce Adviser Sk Bashir Uddin yesterday.
The 35% tariff imposed by the US is not a final decision, as discussions are still ongoing
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.
Commerce Adviser Sk Bashir Uddin is leading the Bangladesh delegation
Bangladesh is facing pressure from Washington to decouple its manufacturing industries from Chinese suppliers, according to officials familiar with trade negotiations
The talks will continue until July 11
The tariff places Bangladesh at an immediate disadvantage against regional competitors in the garment trade.
Dhaka must intensify negotiations while working on long-term resilience
Govt should have been better prepared and more proactive
Bangladesh will launch the third round of negotiations with the United States Trade Representative (USTR) next week, aiming to secure a more “rational” tariff structure before the August 1 deadline, said Commerce Adviser Sk Bashir Uddin yesterday.
The 35% tariff imposed by the US is not a final decision, as discussions are still ongoing
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.
Commerce Adviser Sk Bashir Uddin is leading the Bangladesh delegation
Bangladesh is facing pressure from Washington to decouple its manufacturing industries from Chinese suppliers, according to officials familiar with trade negotiations
The talks will continue until July 11
The tariff places Bangladesh at an immediate disadvantage against regional competitors in the garment trade.
Dhaka must intensify negotiations while working on long-term resilience
New US tariffs challenge RMG sector, but global competitive edge holds
