US Reduces Bangladesh Tariffs to 19% in New Trade Deal Before Elections

• US cuts duty rate on Bangladeshi products from 20% to 19% just before Bangladesh elections.
• The new trade agreement, announced by Trump and Yunus, also includes conditional duty-free status for several products.
• Tariff concessions on textile and apparel products will benefit Bangladesh's ready-made garment industry.
• Duty-free benefits for textile products are linked to the use of US-produced cotton and man-made fibers.
• Bangladesh will offer preferential market access for US industrial and agricultural products and remove non-tariff barriers.