Bangladesh Secures 19% US Tariff Deal, Zero-Tariff Window for Textiles: India to Worry?

• Bangladesh signs trade deal with US, securing a reduced 19% tariff and zero-tariff window for certain textiles made with US materials.
• The deal strengthens Bangladesh's export competitiveness, especially in the garment sector, and deepens economic ties with the U.S.
• India's interim trade agreement with the US reduced tariffs to 18% for many exports, with zero duty for select goods like pharmaceuticals.
• Bangladesh's zero-tariff window for apparel creates direct competition for Indian textile exporters, potentially shifting market share.
• India may need to implement new policies or focus on value-added apparel to maintain competitiveness against Bangladesh's new advantage.