Dhaka, July 8 -- Besides South Korea and Japan, the largest trading partner for US-where the U.S. has already imposed a 25% tariff-Trump on Monday sent letters to 14 other countries announcing new tariff rates. Among the most affected are Myanmar and Laos (40%), Thailand and Cambodia (36%), Serbia and Bangladesh (35%), Indonesia (32%), South Africa (30%), and Malaysia and Tunisia (25%).

In the broader context of the U.S.'s increasingly protectionist trade stance, the 35% tariff on Bangladesh isn't entirely unexpected. The previous rate was about 10%, and an additional 25% has now been added. Still, this does not necessarily signal a permanent situation-there is room for negotiation, and trade disputes of this nature typically take 2-3 ye...