What started as 37% is now down to 19% with additional benefits for selected items," he said, soon after the agreement on reciprocal tariff was signed between Bangladesh and the United States. The agreement on reciprocal tariffs between Bangladesh and the United States was signed on Monday. Negotiations on the agreement spanned over nine months since April last year, said the Chief Adviser’s press wing. The US will further reduce the reciprocal tariff to 19%, which was originally set at 37% and later reduced to 20% in August last year. Commerce Secretary of Bangladesh Mahbubur Rahman and Assistant US trade Representative Brendan Lynch were present at the signing ceremony.

Source: Dhaka Tribune February 10, 2026 10:13 UTC