U.S. trims tariffs on Bangladesh to 19% - The Hindu
The United States has reduced import tariffs on certain goods from Bangladesh, lowering the rate to 19% as part of a revised trade adjustment. The move is expected to ease pressure on Bangladeshi exporters, particularly in sectors such as textiles and apparel, which form a major share of the country’s exports to the US market. Trade experts see this decision as a positive signal for bilateral trade relations, especially at a time when global supply chains are undergoing realignment. The revised tariff structure may help Bangladeshi manufacturers remain competitive against rivals from other Asian countries that already enjoy lower duties. For the US, the tariff cut aligns with broader efforts to balance trade interests while ensuring stable supply sources for key consumer goods. While the reduction does not fully eliminate trade barriers, it provides temporary relief and opens the door for further negotiations between the two countries on trade and labour-related issues.
The Key points
- The US has cut tariffs on Bangladeshi imports to 19%.
- The decision impacts select categories of exported goods.
- Bangladesh’s garment sector stands to benefit the most.
- Lower tariffs improve price competitiveness in the US market.
- The move supports smoother bilateral trade relations.
- Exporters may see short-term cost relief.
- The change comes amid shifting global supply chains.
- US buyers gain access to affordable imports.
- The tariff cut does not remove all trade restrictions.
- Future trade talks between both nations remain likely.
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