Wednesday, 06 August 2025
President Trump's second term began on January 20, 2025, and his administration has already imposed major trade changes. From August 1, Bangladesh will face a 35% U.S. tariff on exports, compared to the previous 15% average duty. In some cases, authorities suggested reciprocal tariffs of 37–50% depending on negotiation outcomes [1].
These new "reciprocal tariffs" are tied to U.S. imports from Bangladesh, which are now seen as potential leverage. Bangladesh exported nearly $8.7 billion in 2024–25 to the U.S., mostly ready-made garments [2].
Current Trade Talks: What You Need to Know
Bangladesh and USTR (United States Trade Representative) held two...
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