The United States will enforce a 20% counter-tariff on Bangladeshi products starting August 8, 2025, as confirmed by the White House. This follows an executive order by President Donald Trump and replaces the previously proposed 35% tariff announced on July 31.
Key Points:
· The tariff takes effect at 12:01am ET on August 8.
· Exemptions apply to goods shipped before 12:01am ET on August 7 and cleared from US warehouses by October 5.
· The US had earlier considered tariffs up to 37%, but negotiations over three months led to a reduced 20% rate.
· The US is Bangladesh’s largest garment export market, receiving about $8 billion annually, while Bangladesh imports $2 billion from the US.
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