Dhaka, Aug. 2 -- The United States has officially reduced its tariff rate on imports from Bangladesh to 20pc, down from a previously imposed 35pc, following a series of high-level negotiations held in Washington.

The decision has been welcomed by economists and business leaders, though some exporters have expressed mixed views on the deal's long-term implications.

Leading economist Professor Muinul Islam described the reduction as "undoubtedly positive" for Bangladesh's export competitiveness. "A 15-point drop in tariffs is a notable achievement.

It enhances the appeal of Bangladeshi goods in the US market," he told The New Nation on Friday. He credited the negotiating team for securing what he termed a "commendable diplomatic outcome....