Bangladesh and US sign reciprocal tariff agreement, reducing US tariff to 19% - Telegraph India - News Summed Up

Bangladesh and US sign reciprocal tariff agreement, reducing US tariff to 19% - Telegraph India


The agreement on reciprocal tariff between Bangladesh and the United States was signed on Monday. On the Bangladesh side, the signatories were commerce adviser Sheikh Bashir Uddin and national security adviser Khalilur Rahman, and on US side ambassador Jamieson Greer, US tade representative. The US will further reduce reciprocal tariff to 19 per cent, which was originally set at 37 per cent and later reduced to 20 percent in August last year. In addition, the US committed to establishing a mechanism for certain textile and apparel goods from Bangladesh using US produced cotton and man-made fiber to receive zero reciprocal tariff in US market. Present during the signing were Commerce Secretary of Bangladesh Mahbubur Rahman and Assistant US trade Representative Mr Brendan Lynch.


Source: The Telegraph February 09, 2026 17:43 UTC



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