Bangladesh, Feb. 15 -- On February 13, 2025, President Donald Trump signed a presidential memorandum introducing his new trade policy, marking a significant shift in the United States approach to international trade. The plan, known as the “reciprocal tariffs” proposal, aims to counter perceived unfair trade practices by foreign nations, including value-added taxes (VATs) and non-tariff barriers. With the promise of more tariffs to come, this move is expected to create waves across global markets and ignite tensions between the US and its trading partners.

During a press event in the Oval Office, Trump emphasized that the United States would no longer tolerate foreign countries imposing trade restrictions that disproportionat...