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U.S. to cut tariff rate to 19% on Bangladesh imports in new trade deal
| USA | economy

U.S. to cut tariff rate to 19% on Bangladesh imports in new trade deal

#Bangladesh #United States #Tariffs #Import Duty #Ready-made garments #Trade agreement #South Asia economy

📌 Key Takeaways

  • The U.S. has lowered the tariff rate on Bangladeshi imports to a competitive 19%.
  • Negotiations were held in Washington to strengthen bilateral economic ties and diversify supply chains.
  • The deal specifically targets the ready-made garment sector, which is the primary driver of Bangladesh's economy.
  • The agreement includes expectations for continued progress in labor rights and factory safety standards.

📖 Full Retelling

The United States government through the Office of the U.S. Trade Representative officially announced a significant reduction in tariff rates for Bangladeshi goods to 19% following high-level trade negotiations concluded in Washington this week. This strategic adjustment aims to bolster economic cooperation between the two nations and provide Bangladesh with a competitive edge in the American market as the country works to recover from recent political and economic volatility. The move marks a pivot in U.S. trade policy toward South Asia, specifically targeting the diversification of supply chains away from other major regional manufacturing hubs. Historically, Bangladesh has faced some of the highest average tariff rates among U.S. trading partners, primarily due to the composition of its exports, which are heavily dominated by ready-made garments and textiles. By lowering the average rate to 19%, the U.S. intends to stimulate bilateral trade volume and support the Bangladeshi export sector, which serves as the backbone of the nation's economy. This deal is also expected to include strict stipulations regarding labor rights and workplace safety, ensuring that the trade benefits correlate with improved conditions for Bangladeshi factory workers. Economic analysts suggest that this agreement could lead to a multibillion-dollar increase in annual export revenue for Bangladesh, potentially offsetting the losses incurred during recent periods of civil unrest and high inflation. Beyond the immediate financial impact, the deal strengthens the diplomatic ties between Washington and Dhaka, moving toward a more structured and long-term economic partnership. For American consumers, the reduction in tariffs may result in more stable pricing for apparel and household textiles as importers take advantage of the lowered trade barriers.

🏷️ Themes

International Trade, Economy, Diplomacy

📚 Related People & Topics

United States

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Tariff

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Bangladesh

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Country in South Asia

# Bangladesh **Bangladesh**, officially the **People's Republic of Bangladesh**, is a sovereign state located in South Asia. Situated in the fertile Ganges-Brahmaputra delta, it is defined by its distinctive geography, dense population, and strategic position as a bridge between South and Southeast...

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📄 Original Source Content
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’ Gold, silver prices rise amid U.S.-Iran tensions, blowout January payrolls data Dow halts three-day win streak as blowout jobs data curbs rate cut bets Citi pushes back Fed rate cuts to May after blowout January jobs report (South Africa Philippines Nigeria) U.S. to cut tariff rate to 19% on Bangladesh imports in new trade deal Editor Vlad Schepkov Economy Editor Vlad Schepkov Published 02/09/2026, 01:45 PM U.S. to cut tariff rate to 19% on Bangladesh imports in new trade deal 0 Investing.com -- The United States will reduce its reciprocal tariff rate to 19% on imports from Bangladesh as part of a new trade agreement, the White House announced Monday. The agreement includes commitments from both nations to address non-tariff barriers in Bangladesh, according to the White House statement. Additionally, the U.S. will establish a mechanism allowing certain textile and apparel goods from Bangladesh to receive zero tariffs, potentially boosting Bangladesh’s key export sector. The White House described the arrangement as an "agreement on reciprocal trade" between the two countries, marking a significant development in U.S.-Bangladesh economic relations. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. U.S. to cut tariff rate to 19% on Bangladesh imports in new trade deal 0 Latest comments Post Comment Guidelines Trade With A Regulated Broker Indices Commodities Bonds Stocks US 30 50,164.40 +43.0 +0.09% US 500 6,943.30 +1.9 +0.03% Dow Jones 50,121.40 -66.74 -0.13% S&P 500 6,941.45 -0.36 -0.01% Nasdaq 23,066.47 -36.01 -0.16% S&P 500 VIX 17.65 -0.14 -0.79% Dollar Index 96.77 -0.040 -0.04% Crude Oil WTI Futures 64.96 +0.33 +0.51% Brent Oil Futures 69.71 +0.05 +0.07% Natural Gas Futures 3.226 -0.007 -0.22% Gold Futures 5,077.66 -20.84 -0.41% Silver Futures 82.048 -1.873 -2.23% Cop...

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