Will Bangladesh’s garment exports be affected by Trump’s retaliatory tariffs?

Will Bangladesh’s garment exports be affected by Trump’s retaliatory tariffs? Bangladeshi garment industry entrepreneurs are worried about US President Donald Trump’s imposition of reciprocal tariffs or counter-tariffs on various countries around the world. Because Trump’s decision will impose an additional 37 percent tariff on Bangladeshi products. So far, the country has had an average tariff of 15 percent on Bangladeshi products. The single largest market for Bangladeshi garment is the United States. The United States was the destination for 18 percent of the total garment exports in the 2023-24 fiscal…

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TNZ Group: Workers suspend agitation after assurance from secretary

TNZ Group: Workers suspend agitation after assurance from secretary TNZ Group workers did not receive their arrears of salary and allowances till Saturday. After a meeting with the factory workers and owners, Labor Secretary AHM Shafiquzzaman announced that he would pay Tk 3 crore for the time being. The workers initially rejected it but later accepted and suspended the agitation till April 7. Meanwhile, the Industrial Police and the Garment Factory Owners Association said that except for a few factories, the workers of the remaining factories have received half of…

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