Dhaka, July 13 -- Bangladesh's export-oriented readymade garment (RMG) sector is facing mounting pressure following the imposition of a 35 percent retaliatory tariff by the United States - a move that now threatens to destabilise the country's $10 billion trade relationship with its largest single export market.
Despite three days of high-level talks in Washington, which concluded on 11 July, several key issues between the two governments remain unresolved.
According to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), progress was achieved on roughly 80 percent of the US's proposed conditions, but no consensus was reached on the remaining 20 percent-chief among them the steep reciprocal tariff and a contentious 40 p...