Dhaka, April 8 -- Commerce Advisor Sheikh Bashir Uddin has outlined Bangladesh's aim of reducing the trade deficit with the United States in order to offset the additional tariffs imposed by the Trump administration on Bangladeshi products.
As part of the effort to narrow the gap, Bangladesh has written to the US, pledging to add 100 more American products to its duty-free list, according to the advisor.
"We hope the letter will have a positive impact. Our main goal is to narrow the trade gap," he said on Tuesday.
Bangladesh exports goods worth $8.4 billion to the US, while importing around $2 billion worth of American products. In a move to reduce trade imbalances, the Trump administration has imposed additional tariffs on imports fro...
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