If a 35 percent tariff is imposed on Bangladeshi products in the US market, efforts to diversify the export sector will face losses. Such is the fear of exporters. However, they advise the government to take a thoughtful decision before accepting the US conditions to reduce the tariff burden. And economists say that the negotiations must be carried out keeping in mind that it will not fall under the pressure of the World Trade Organization’s laws. As a single country, the US is Bangladesh’s second top export destination. According to data from the US Trade Representative’s Office (USTR), in 2024, Bangladesh imported goods and services worth $2.2 billion against exports of $8.4 billion to the country. While the US trade deficit with Bangladesh is $6.2 billion, it is $45.7 billion with India and $123.5 billion with Vietnam. The Trump administration is going to impose a 35 percent tariff from August 1 to reduce the trade deficit of more than $6 billion on Bangladesh. However, despite a deficit of $123.5 billion with Vietnam, only 20 percent is being imposed. On the other hand, discussions are ongoing with India despite a deficit of $45.7 billion. Questioning whether Bangladesh is being discriminated against in this case, entrepreneurs say that emerging export sectors including plastics, leather, and electronics will suffer the most from the new decision of the US administration. Fazle Shamim Ehsan, executive president of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), said that if there is a 20 percent tariff on Vietnamese products, then the country’s new industries or value-added industries will face a challenge. Because such industries will develop more in countries that have received more tax benefits. Sources say that in the proposed reciprocal tariff agreement, if the US imposes additional tariffs on any country, Bangladesh will have to do the same. Even if a trade ban is imposed on any country, Bangladesh will have to pay. In this situation, exporters have advised to proceed with discussions on reducing tariffs with caution. Fazle Shamim Ehsan said that nothing can be done that will harm national interests. First the country, then everything else. At this moment, there is no room to think about anything other than the European Union. Meanwhile, economists are also advising that the government should pay special attention to not breaking the WTO rules and putting itself under additional pressure while accepting the US conditions. Professor Dr. Mostafizur Rahman, a fellow at the Center for Policy Dialogue (CPD), a research institute, said that there have been many discussions. However, if America exerts pressure to give something bilaterally, going beyond the WTO’s policies, and if we accept it, then perhaps the tariffs can be reduced. But in this case, Bangladesh will also have to take other problems into account. Earlier, a week after imposing a 37 percent tariff on April 2, the Trump administration set a three-month deadline for the realization of bilateral trade benefits. And on Monday (July 7), US President Donald Trump imposed a 35 percent tariff on goods imported from Bangladesh. The tariff will be effective from August 1.<\/p>\n","protected":false},"excerpt":{"rendered":"
If a 35 percent tariff is imposed on Bangladeshi products in the US market, efforts…<\/p>\n","protected":false},"author":1,"featured_media":33976,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[282],"tags":[],"class_list":["post-33975","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-09T124518.841-1.jpg?fit=1280%2C720&ssl=1",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-09T124518.841-1.jpg?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-09T124518.841-1.jpg?fit=300%2C169&ssl=1",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-09T124518.841-1.jpg?fit=640%2C360&ssl=1",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-09T124518.841-1.jpg?fit=640%2C360&ssl=1",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-09T124518.841-1.jpg?fit=1280%2C720&ssl=1",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-09T124518.841-1.jpg?fit=1280%2C720&ssl=1",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-09T124518.841-1.jpg?resize=1115%2C715&ssl=1",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-09T124518.841-1.jpg?resize=800%2C500&ssl=1",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-09T124518.841-1.jpg?fit=1024%2C576&ssl=1",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-09T124518.841-1.jpg?resize=540%2C340&ssl=1",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-09T124518.841-1.jpg?resize=400%2C250&ssl=1",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"Trade<\/a>","tag_info":"Trade","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-09T124518.841-1.jpg?fit=1280%2C720&ssl=1","jetpack-related-posts":[{"id":64539,"url":"https:\/\/biztrend24.com\/?p=64539&lang=en","url_meta":{"origin":33975,"position":0},"title":"Investment comes only when agreements are kept: US Ambassador","author":"Biz Trend 24","date":"April 29, 2026","format":false,"excerpt":"The foundation of a successful trade relationship is predictability and contract certainty, US Ambassador to Dhaka Brent Christensen has said. Keeping contracts is essential to building trust. US companies need to have confidence that agreements made with the Bangladesh government and private sector will be honored and implemented consistently. Investment\u2026","rel":"","context":"In "National"","block_context":{"text":"National","link":"https:\/\/biztrend24.com\/?cat=284&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-13.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-13.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-13.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-13.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-13.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":29147,"url":"https:\/\/biztrend24.com\/?p=29147&lang=en","url_meta":{"origin":33975,"position":1},"title":"UN gives bad news to Bangladesh","author":"Biz Trend 24","date":"May 24, 2025","format":false,"excerpt":"The announcement of new import tariffs by US President Donald Trump will significantly increase the trade costs of many developing countries in the world. Due to this, developing economies like Bangladesh will be at risk of discrimination in global trade. At this time, the export potential of developing countries will\u2026","rel":"","context":"In "Trade"","block_context":{"text":"Trade","link":"https:\/\/biztrend24.com\/?cat=282&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/05\/Untitled-design-2025-05-24T235450.199-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/05\/Untitled-design-2025-05-24T235450.199-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/05\/Untitled-design-2025-05-24T235450.199-1.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/05\/Untitled-design-2025-05-24T235450.199-1.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/05\/Untitled-design-2025-05-24T235450.199-1.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":39724,"url":"https:\/\/biztrend24.com\/?p=39724&lang=en","url_meta":{"origin":33975,"position":2},"title":"Pakistan keen to increase trade with Bangladesh","author":"Biz Trend 24","date":"August 21, 2025","format":false,"excerpt":"Dhaka Chamber of Commerce and Industry (DCCI) President Taskin Ahmed said that the people of Pakistan and Bangladesh have a lot of similarities in terms of culture and lifestyle. And there is a lot of demand for Pakistani textiles and especially jewelry products among the people of this country. Meanwhile,\u2026","rel":"","context":"In "Bangladesh"","block_context":{"text":"Bangladesh","link":"https:\/\/biztrend24.com\/?cat=103&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/08\/Untitled-design-2025-08-21T160511.527.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/08\/Untitled-design-2025-08-21T160511.527.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/08\/Untitled-design-2025-08-21T160511.527.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/08\/Untitled-design-2025-08-21T160511.527.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/08\/Untitled-design-2025-08-21T160511.527.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":56473,"url":"https:\/\/biztrend24.com\/?p=56473&lang=en","url_meta":{"origin":33975,"position":3},"title":"Discussions were fruitful, US Ambassador’s message to take relations forward","author":"Biz Trend 24","date":"February 8, 2026","format":false,"excerpt":"US Ambassador Christensen has indicated that the existing diplomatic relations between Bangladesh and the United States will be further strengthened. The US Ambassador arrived at the Foreign Ministry at around 11 am today, Sunday (February 8). At the beginning of the event, he held a meeting with Foreign Secretary Asad\u2026","rel":"","context":"In "National"","block_context":{"text":"National","link":"https:\/\/biztrend24.com\/?cat=284&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled_design_-_2026-02-08T154307.581_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1770543885&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled_design_-_2026-02-08T154307.581_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1770543885&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled_design_-_2026-02-08T154307.581_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1770543885&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled_design_-_2026-02-08T154307.581_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1770543885&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled_design_-_2026-02-08T154307.581_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1770543885&resize=1050%2C600 3x"},"classes":[]},{"id":33773,"url":"https:\/\/biztrend24.com\/?p=33773&lang=en","url_meta":{"origin":33975,"position":4},"title":"35 percent tariff: Dhaka is holding trade talks with Washington","author":"Biz Trend 24","date":"July 8, 2025","format":false,"excerpt":"Dhaka is holding trade talks with Washington over the US's imposition of 35 percent tariff on Bangladeshi goods, said Shafiqul Alam, the press secretary to the chief adviser. He made this known in a post on his verified Facebook account at around 9 am on Tuesday (July 8). In the\u2026","rel":"","context":"In "Trade"","block_context":{"text":"Trade","link":"https:\/\/biztrend24.com\/?cat=282&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-08T121055.811-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-08T121055.811-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-08T121055.811-1.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-08T121055.811-1.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-08T121055.811-1.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":33731,"url":"https:\/\/biztrend24.com\/?p=33731&lang=en","url_meta":{"origin":33975,"position":5},"title":"Dr. Trump’s letter to Yunus, Trump imposes 35 percent tariff on Bangladeshi products","author":"Biz Trend 24","date":"July 8, 2025","format":false,"excerpt":"US President Donald Trump has decided to impose a 35 percent tariff on Bangladeshi products entering the United States. This will be effective from August 1. The US President has also sent a letter to Chief Advisor Dr. Muhammad Yunus in this regard. He made this announcement on his social\u2026","rel":"","context":"In "Trade"","block_context":{"text":"Trade","link":"https:\/\/biztrend24.com\/?cat=282&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-08T111306.951-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-08T111306.951-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-08T111306.951-1.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-08T111306.951-1.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-08T111306.951-1.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/33975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33975"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/33975\/revisions"}],"predecessor-version":[{"id":33977,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/33975\/revisions\/33977"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/33976"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}