Exporters say such a steep rise in duty will make products from Bangladesh significantly more expensive than its competitors. Although the tariff is due to start from Aug 1, Trump has left the door open for negotiation. This blanket tariff policy -- which came to be known as the “Trump tariff” -- rattled the global economy, triggering a new wave of trade tensions. China led with 16.51 billion dollars, accounting for 21 percent, followed by Vietnam with 14.97 billion dollars or 19 percent. India came fourth with 4.69 billion dollars or 6 percent, followed by Indonesia at 4.25 billion dollars or 5.36 percent, Cambodia 3.80 billion dollars or 4.8 percent, Mexico 2.62 billion dollars, Honduras 2.31 billion dollars, and Pakistan 2.16 billion dollars or 2.73 percent.

Source: bd News24 July 09, 2025 21:10 UTC