Dhaka, July 9 -- The United States has ended Bangladesh's brief reprieve. Starting Aug 1, all Bangladeshi exports will face an additional 35 percent tariff, bringing average duties to a whopping 50 percent and placing Dhaka under urgent pressure to strike a deal with the Trump administration.

Exporters and economists warn of serious consequences for Bangladesh's largest export market.

Business leaders and analysts argue that Bangladesh squandered the three-month grace period granted earlier, failing both to reduce the bilateral trade deficit through increased US imports and to negotiate a deal.

Now, they say, the government must make aggressive use of the remaining diplomatic window left open by US President Donald Trump to avert more ...