June 13, 2025 11:09 am
Full News

Bangladesh Seeks Reconsideration of Reciprocal Tariffs from the US Amid Strengthened Trade Cooperation

Professor Muhammad Yunus, Chief Advisor to the Government of the People’s Republic of Bangladesh, formally requested the President of the United States, Donald J. Trump, to reconsider the imposition of reciprocal tariffs on Bangladesh. The appeal was made through an official letter highlighting Bangladesh’s ongoing efforts to support the US trade agenda and deepen bilateral trade relations.

The letter outlines several proactive initiatives taken by Bangladesh to enhance trade ties, including the early engagement of a High Representative in Washington DC shortly after President Trump’s inauguration. Bangladesh was the first country to enter a multi-year agreement to import liquefied natural gas (LNG) from the US and has continued to support American exports by working closely with US counterparts.

A major focus of Bangladesh’s recent actions is to increase imports of US agricultural products such as cotton, wheat, corn, and soybean—commodities critical to the livelihoods of American farmers. Additionally, Bangladesh is finalizing a bonded warehousing facility for US goods, ensuring unrestricted market access.

The letter emphasizes that Bangladesh currently offers the lowest tariffs on most US exports in South Asia. It continues to implement zero tariffs on American agricultural items and is working towards reducing tariffs by 50% on industrial exports like gas turbines, semiconductors, and medical equipment. Moreover, the country is eliminating non-tariff barriers, simplifying customs procedures, and rationalizing labeling and certification requirements.

Bangladesh has also facilitated the launch of Starlink, a significant step forward for US tech businesses in the country, paving the way for growth in civil aviation and defense sectors.

In light of these collaborative efforts and upcoming trade reforms, Professor Yunus requested a three-month postponement of the reciprocal tariff measure to ensure a smooth implementation of ongoing and planned actions. He expressed hope that the US President would grant this request in the spirit of continued partnership and mutual benefit.

The letter concludes with assurances of Bangladesh’s commitment to advancing trade relations and supporting US economic interests.

Related News
A Refugee Tale with Global Collaboration, Led by Deepanwita Martin
Los Angeles Rocked by Protests, National Guard Deployed
Argentina’s President Javier Milei Gains Momentum with Key Victory in Buenos Aires Legislative Election
NATO Leaders Seek to Reassure Europe Amid Trump’s Uncertainty
Attack on Bangladesh Assistant High Commission in Agartala, Flag Burned
NGO Appeals for Donations from Americans
Related Posts
Make a Deal, or Face Even More Devastating Attacks”: Trump Warns Iran
Dr. Yunus’s Lavish London Trip: Tk 3.5 Crore Hotel Bill in Just Four Nights—What Did Bangladesh Gain?
Israel Deploys Troops Nationwide Amid Fears of All-Out War
Trump to Issue Immigration Order Addressing Labor Shortage in Farms, Hotels
Israel’s Intelligence Chief Declares “Existential Battle” Against Iran Amid Airstrike Campaign
Mossad Carried Out Coordinated Strike Inside Iran with Precision Weapons, Explosive Drones
More News

’80s Cult classic horror reboot is finally coming to cinemas

After a long wait, Peter Dinklage’s much-anticipated reboot of the 1984 cult classic The Toxic Avenger is finally hitting US cinemas in 2025. The film, which premiered at Fantastic Fest in September 2023, had struggled to secure a distributor but has now found a home with Cineverse, much to the delight of fans. In this […]

Jay-Z Requests Dismissal of Rape Lawsuit Over Alleged Inconsistencies

Jay-Z’s legal team has filed a motion to dismiss a lawsuit accusing him, alongside Sean “Diddy” Combs, of sexually assaulting a 13-year-old girl at a house party in 2000. The woman, identified as Jane Doe in court documents, alleges that the assault occurred after she was drugged at an event following the MTV Video Music […]

Ukraine Calls on Western Allies to Sustain Pressure as Ceasefire Talks with Russia Collapse

ISTANBUL – Ukraine has appealed to its Western allies to continue exerting pressure on Russia following the collapse of high-level peace talks between the two countries — the first direct dialogue in over three years. The meeting, held in Istanbul on May 16, failed to result in a ceasefire agreement, despite growing international calls for […]

Volker Turk: ‘Mob Justice is Not Acceptable at All,’ Says UN Human Rights High Commissioner.

The United Nations High Commissioner for Human Rights Volker Turk said that mob justice is not acceptable in any way. Every crime must be investigated. In response to a question during a press conference at a hotel in the capital on Wednesday (October 30), UN High Commissioner for Human Rights Volker Turk addressed the issue […]

James Rodriguez wants 14 bodyguards to join club

Colombian star James Rodriguez was very close to joining Colombian club Junior de Barranquia. It seemed like a matter of time before he finally returned home. But at the last minute, everything was turned upside down. Multiple media outlets have confirmed that Rodriguez’s talks with Barranquia have failed. It is known that Rodriguez can be […]

Denmark Detains Chinese Ship Suspected of Damaging Underwater Communication Cables in the Baltic Sea

In a significant development, Denmark’s Navy detained the Chinese vessel Yi Peng 3 on November 19th, 2024, in Danish waters on suspicion of damaging crucial underwater communication cables in the Baltic Sea. The Yi Peng 3, which was sailing from the Russian port of Ust’-Luga, was apprehended following an investigation into possible sabotage or accidental […]

Rachel Sennott and Bowen Yang to Announce 97th Oscars Nominations

The Academy of Motion Picture Arts and Sciences has announced that actor-writer-comedians Rachel Sennott and Bowen Yang will reveal the nominations for the 97th Oscars®. The live presentation will take place on Thursday, January 23, from the Academy’s Samuel Goldwyn Theater in Beverly Hills, California, starting at 5:30 a.m. PST. The nominations will be announced […]

NASA’s X-59: Pioneering Quiet Supersonic Flight

NASA’s X-59 aircraft, the centerpiece of the Quesst mission, represents decades of supersonic flight research. After extensive testing, NASA and Lockheed Martin have finalized the aircraft’s unique design, allowing it to achieve supersonic speeds while minimizing the loud sonic boom to a quieter “sonic thump.” This groundbreaking project aims to unlock the future of quiet […]

Pakistan Steps Up Crackdown on Balochistan Insurgency Following Deadly School Bus Bombing

The Voice News : Pakistan is intensifying its counterterrorism operations in the mineral-rich province of Balochistan after a suicide bombing on a school bus in Khuzdar killed five high-school girls and five soldiers. The attack, which also injured 51 people including 37 children, has been blamed by Islamabad on Indian agents, amid rising tensions with […]

Trump Vows to Pursue Death Penalty, Criticizes Biden’s Clemency for Federal Death Row Inmates

WASHINGTON — President-elect Donald Trump announced on Dec. 24 that he will direct the Justice Department to “vigorously pursue” the death penalty for violent offenders, including rapists and murderers, once he takes office on Jan. 20. Trump’s statement, posted on his Truth Social account, came in response to President Joe Biden’s Dec. 23 decision to […]