India, Feb. 10 -- US-Bangladesh Trade Deal: The United States agreed to lower tariffs on exports of Bangladeshi goods to 19% as part of a new trade agreement and this move is considered significant for Bangladesh's textile industry and economic stability as well. The agreement is also opening doors for duty-free trade for textiles and garments made from US materials, which is certainly an improvement in Bangladesh's trade portfolio.

US-Bangladesh Trade Deal: When & How the Agreement Was Reached Bangladesh interim chief adviser Muhammad Yunus confirmed the deal on Monday, citing almost one year of negotiations with Washington. Washington's stance began with tariffs as high as 37% on Bangladeshi products back in April, then was whittled d...