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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