Dhaka, Aug. 1 -- Bangladesh finally clinches a deal leveling the trading field amongst the competitors on the US market as the United States cut tariffs on Bangladeshi exports to 20 per cent from the threatened 35 per cent.

Sources said the decision on the concessional deal was made Thursday (July 31) local time on extensive tradeoffs conceded by Bangladesh in the form of augmented imports from the USA.

The breakthrough came after a series of hard bargains at bilateral talks between a high-powered Bangladesh delegation and the Office of the United States Trade Representative (USTR), the primary agency responsible for overseeing US trade policy.

Chief Adviser of the interim government Prof Yunus hails the deal as a triumph of adept nego...