Bangladesh faces a 37% U.S. tariff under Trump's trade policy
Bangladesh, heavily dependent on garment exports to the U.S., may face serious impacts as industry leaders in Dhaka warn that the tariff increase could weaken the country's competitive advantage.
The United States announced a 37% tariff on imports from Bangladesh on Wednesday under President Donald Trump’s "Reciprocal Tariffs" policy, aimed at addressing what his administration views as unfair trade practices.
According to a White House chart, Bangladesh effectively imposes a 74% tariff on American goods. In response, a "discounted reciprocal tariff" of 37% will now be applied to Bangladeshi exports to the U.S.
This move is part of Trump’s "Liberation Day" trade initiative, which enforces a baseline 10% tariff on all imports, with higher rates targeting countries accused of protectionism, currency manipulation, or imposing non-tariff barriers against U.S. exports.
Bangladesh, whose economy heavily depends on garment exports to the U.S., may face serious repercussions. Industry leaders in Dhaka have expressed concerns that the tariff hike could undermine the country’s competitive advantage.
India and Pakistan are also affected, with Washington imposing tariffs of 26% and 29%, respectively, citing high trade barriers on American products.
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