-
Tariff Adjustments: The interim government has proposed withdrawing import duties on 110 products, primarily from the U.S., and reducing duties on 65 others. Supplementary duties on 442 products will also be reduced, with complete withdrawal on 9 items. These measures aim to facilitate smoother trade relations and prepare for upcoming trade dialogues with the U.S.
-
Expansion of Zero-Tariff Goods: Bangladesh plans to offer zero tariffs on 100 additional U.S. products, expanding the list to 190 items. This initiative is part of trade liberalization measures as the country prepares to graduate from the least developed country status in 2026
-
U.S. Response: The United States Trade Representative (USTR) has requested written proposals from Bangladesh detailing commitments to reduce import duties on American goods. Formal negotiations are expected to commence upon receipt of these proposals.
Sources
