Dhaka, July 8 -- Government revenue authorities find limited scope to satisfy the Trump administration by reducing tariffs for US imports unless Bangladesh goes for bilateral treaty -- the only byway to skip set world trade rules.

Though import duty on 110 products has been waived in the current fiscal year's budget, the step could not make the US government happy to reconsider a major cut in its previously declared 37-percent tariffs.

However, officials of the revenue board say the customs authority has started a second-round review of the US imports to further cut the taxes.

However, the waiver cannot be reciprocal to only US under the World Trade Organisation (WTO) rules where the tax cut cannot be country-specific.

Commerce Secret...