Dhaka, July 8 -- Dhaka hopes to reach a trade agreement with the United States to reduce the tariff rate following President Donald Trump's announcement of imposing a 35 percent supplementary duty on Bangladeshi products after a three-month suspension.

Sharing the information on Facebook on Tuesday, Chief Advisor's Press Secretary Shafiqul Alam wrote: "Dhaka expects a tariff agreement with Washington, DC, and we are hopeful that it will be mutually 'beneficial' for both countries."

On Monday, Trump sent letters to 14 countries, including Bangladesh, announcing the new tariff rate.

Until now, the average tariff on Bangladeshi goods entering the US was 15 percent.

The hardest-hit sector will be Bangladesh's readymade garments sector, as...