Dhaka, July 27 -- Once hailed as a rising economic star in South Asia, Bangladesh now faces renewed turbulence, with steep US tariffs threatening to undermine its export-driven growth model.

The newly imposed duties, primarily targeting the ready-made garments (RMG) sector, pose a significant risk to one of the country's key economic pillars.

In its Asian Development Outlook (ADO) July 2025 update, the Asian Development Bank (ADB) issued a warning over Bangladesh's slowing growth momentum. The deceleration is attributed to declining exports, stagnation in industrial output, and uncertainties surrounding US trade sanctions.

The ADB has revised down its GDP growth projection for FY2025-26 from its earlier April estimate of 5.1 per cent. ...