Don't know everything, says Touhid staying quiet on US tariffs to avoid ‘embarrassment’

Foreign Affairs Adviser Md Touhid Hossain declined to comment on the ongoing negotiations to reduce the 35 per cent counter-tariff imposed by the United States on Bangladeshi exports, citing a desire to avoid embarrassment for the government. 

Speaking at the Foreign Service Academy on Wednesday, July 16, during the inauguration of a month-long photography and graffiti exhibition marking the July Uprising, Touhid Hossain emphasised the sensitivity of the talks.

“I don’t know everything about the tariff issue, and I don’t want to create any embarrassment by commenting while negotiations are ongoing,” Touhid told journalists. “As a government official, I must be cautious, as my statements could impact the process.”

The Adviser acknowledged the possibility of a non-disclosure agreement (NDA) with the United States, as referenced by Commerce Adviser Sheikh Bashiruddin. 

“Technically, there may be an NDA, and we will keep certain information confidential,” Touhid Hossain said. “The concerned ministry is handling the details. Let’s wait to see the results of the negotiations.”

The US, under President Donald Trump, recently announced a 35 per cent tariff on Bangladeshi exports, set to take effect in August 2025. 

Bangladesh is actively engaged in discussions to lower this rate, with a third round of talks scheduled for next week. However, the lack of transparency, driven by the NDA, has left stakeholders awaiting clarity on the outcome.

Touhid Hossain’s cautious stance underscores the delicate nature of the negotiations, as Bangladesh seeks to protect its vital export market while navigating complex diplomatic and economic challenges.