Dhaka, July 8 -- US President Donald Trump on Monday imposed a 35 per cent tariff on Bangladeshi goods, 2 per cent lower than his initial rate announced three months ago, but significantly higher than that of close rival Vietnam (in the field of RMG), which recently secured a trade deal with the US under which its goods will be charged a tariff of 20 per cent.

Trump made the much-anticipated announcement on his Truth Social account by publishing his letter dated July 7 to Chief Adviser Muhammad Yunus at 2:36 am (Tuesday, Bangladesh time). He posted identical letters to other world leaders revealing the tariff rates for their respective countries, stating that the new rates would be effective from August 1, UNB reports.

Apart from Bangla...