Dhaka, April 13 -- Speakers at a roundtable discussion have underscored the need for an effective plan to deal with the US tariff issues in the country's export.
"A plan is needed to offset a possible 37% tariff, as competitors are already preparing. Footwear, with 42% growth and $252M in U.S. exports, risks losing momentum", said Syed Nasim Manzur, President of LFMEAB and MD of Apex Footwear Ltd., while addressing the dialogue on Sunday.
The American Chamber of Commerce in Bangladesh (AmCham) held the event titled: "AmCham Dialogue on U.S. Tariff Impact and Way Forward" at the Sheraton Banani in the city.
The speakers emphasised the U.S. as Bangladesh's top export market and key growth driver, with 67% of its economy driven by consump...
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