Dhaka, April 20 -- Bangladesh's leading export sector, the ready-made garment (RMG) industry, could face a monthly duty burden of approximately $250 million - impacting nearly 1,000 factories - if the 37 percent tariff on exports to the United States is not fully withdrawn, industry leaders have cautioned.
The concern was raised during the inauguration of the Sammilita Parishad's election campaign for the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Election 2025-2027, held at Giant Business Tower in Uttara.
Sammilita Parishad Panel Leader Md Abul Kalam welcomed the temporary 90-day suspension of the tariff, stating, "We sincerely thank the Chief Adviser of the interim government, Dr Muhammad Yunus, for writing to Pr...