Industry leaders urged the government to urgently address these domestic constraints.
At a roundtable organised by The Daily Star, exporters and an economist urge a swift rethink of trade strategy
The readymade garment (RMG) sector is grappling with a range of internal challenges, including rising interest rates, soaring energy costs, and unreliable gas and electricity supplies, all of which are taking a heavy toll on productivity and profitability.
Cargo ships put to sea half empty, fluctuating freight rates and possible shipping route changes are some of the recent adjustments industry specialists have noted.
Trump's announcement sent businesses scrambling. Orders froze. Buyers demanded discounts. Stock markets plummeted.
The CPD said Bangladesh imposes customs and other duties averaging 6.2 percent on US imports
A high-powered delegation from Bangladesh is scheduled to visit the US next week to discuss the tariffs imposed by the Trump administration, Commerce Adviser Sk Bashir Uddin said yesterday.
The accusations came as Trump posted a few minutes after Wall Street opened that "IT'S TIME TO BUY".
The heightened tariffs against China took effect at the same time Thursday as retaliatory levies of 84 percent slapped on by Beijing on US imports.
Colombia's left-leaning President Gustavo Petro did not back down, announcing his own tariffs against US products
Trump responded on his Truth Social platform after the Washington Post cited three sources familiar with the matter as saying that Trump aides were exploring a narrower approach to tariffs
US tariffs weigh on many industries. The American Apparel & Footwear Association (AAFA) estimates retail prices have risen five percent to 10 percent annually since 2020
