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
The letter stated that Bangladeshi goods transshipped to evade the new tariff would be subject to higher duties.
The United States' levying a reciprocal tariff of 35 percent on Bangladeshi exports is a harsh economic blow
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
The letter stated that Bangladeshi goods transshipped to evade the new tariff would be subject to higher duties.
The United States' levying a reciprocal tariff of 35 percent on Bangladeshi exports is a harsh economic blow
His comments came hours after the US announced a plan to impose a 35 percent trade tariff on Bangladesh
