Local apparel makers are seeing delays in the confirmation of work orders for the next summer season, as US retailers and brands wait for the final decision on reciprocal tariffs by the US administration, expected in early July.
Bangladesh should improve garment quality and delivery speed amidst intense competition in global supply chains arising from US President Donald Trump’s recent reciprocal tariffs, said some international traders yesterday..Bangladesh has the opportunity to retain its competitive edge due t
In April, the PMI fell to 52.9 from 61.7 in March
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
"We need a comprehensive review," said Mahfuz Kabir, research director of BIISS
US President Donald Trump is set to announce a new raft of tariffs against multiple countries as early as tonight, in what he has dubbed a "Liberation Day" to redress supposedly unfair trade imbalances
One might be forgiven for thinking that the turbulence unleashed by Donald Trump’s trade policies during his first term as president of the United States was overhyped—especially since Bangladesh’s export contraction between July 2019 and February 2020,
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
