US cuts Bangladesh tariffs to 19% in trade deal
Teona Gherasim
The United States and Bangladesh unveiled a new trade agreement on Monday. Under the deal, certain volumes of imports from Bangladesh into the US can receive preferential treatment, attracting zero tariffs . But the volume will be related to how much textiles the US exports to Bangladesh. The US had "committed to establishing a mechanism for textile and apparel goods from Bangladesh using US-produced cotton and man-made fiber to receive zero reciprocal tariff in US market," Bangladesh's
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