
Trump’s 10% tariff challenges Bangladeshi exporters’ as 37% threat hangs in air
Buyers are asking Bangladeshi exporters to share the additional tariff burden in a garment market which exports almost $9bn of products to the US annually; meanwhile the government wants to reduce barriers for US imports.
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The US administration on April 2 slapped so-called “reciprocal” tariff on imports from its 184 trading partners ranging, between 10% and 50%, sending shock waves across the world and posing threats of instigating inflation and a possible return to recession.
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