Dhaka, Aug. 3 -- The recent decision by the United States to reduce its tariff on Bangladeshi imports from 35 per cent to 20 per cent is a timely and commendable outcome, marking a turning point in what had been a growing concern for Bangladesh's export sector.
We extend our sincere thanks to the United States government for demonstrating flexibility and goodwill in response to Bangladesh's diplomatic and economic engagement.
This reduction follows intense and high-level negotiations between Bangladeshi representatives and the Office of the United States Trade Representative (USTR), culminating in a balanced and constructive agreement.
In an increasingly protectionist global environment, where the Trump administration has imposed new tar...