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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29,000 tons of rice arrived from Vietnam
29000 tons of rice arrived from A ship carrying 29,000 tonnes of rice from Vietnam arrived at the Chittagong port on Saturday. The ship, MV OBE Dinares, anchored at the Chittagong port with rice under the Government-to-Government (G2G) agreement signed on February 3, the food ministry said in a press release. The statement also said that the sample testing of the rice on board the ship has already been completed and the work of unloading the rice will begin soon. It is worth noting that an agreement was signed to…
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