A list released by the White House states that Bangladesh imposes tariffs of up to 74 percent on US goods. In the tariff chart revealed by Trump, one column marks tariffs imposed on US goods, while the opposite column mentions reduced supplementary duties. INDIA TO GAIN ADVANTAGEWith higher tariffs imposed on other Asian countries, India is expected to gain a competitive advantage in the US apparel market, according to a Reuters report. As Trump continued to threaten new tariffs, many countries reviewed their trade policies and lowered import duties in response. NBR Chairman Abdur Rahman Khan acknowledged that Bangladesh’s budget process is unfolding amid the backdrop of newly imposed US tariffs.

Source: bd News24 April 04, 2025 02:13 UTC