The United States has imposed a 37% reciprocal tariff on goods from Bangladesh. In response, Bangladesh is reviewing its tariffs on imports from the US, according to Abul Kalam Azad Majumder, Deputy Press Secretary to the Chief Adviser.
“Bangladesh is reviewing its tariffs on products imported from the United States. The National Board of Revenue is identifying options to rationalize tariffs expeditiously, which is necessary to address the matter,” Azad Majumder wrote on his Facebook account at 8:38 am on Thursday.
“The United States is a close friend of Bangladesh and our largest export destination. We have been working with the US since the Trump Administration took over to enhance trade and investment cooperation between our two countries. Our ongoing work with the US government is expected to help address the tariff issue,” he added.