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Bangladesh Secures Historic Trade Deal with US

BANGLADESH, AUG 1 – Bangladesh secured a 20% tariff rate in US trade talks, outperforming India’s 25% rate and protecting its garment sector and millions of workers, officials said.

  • Bangladesh secured a 20% tariff rate after negotiations with the US, maintaining competitiveness with countries like Sri Lanka and Vietnam that have similar rates.
  • Chief Adviser Muhammad Yunus called the tariff reduction a "decisive diplomatic victory" for Bangladesh, highlighting the nation's economic interests.
  • National Security Adviser Khalilur Rahman stated that the new tariffs are beneficial for Bangladesh's garment sector and the millions depending on it.
  • The agreement includes commitments to purchase US agricultural products, addressing trade deficits and aiding both nations' economic goals.
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The Daily Star broke the news in Bangladesh on Thursday, July 31, 2025.
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