1 hour ago
Last Updated:February 10, 2026, 07:28 IST
The United States and Bangladesh unveiled the deal on Monday.
US Predident Donald Trump (Left) And chief adviser of Bangladesh and interim head Muhammad Yunus (Right)
Just two days before Bangladesh’s general election, the United States reduced its tariff on Bangladeshi goods from 20 per cent to 19 per cent.
The United States and Bangladesh unveiled the deal on Monday. Under the agreement, President Donald Trump’s administration will lower the US “reciprocal" tariff on products from Bangladesh by one percentage point.
A joint statement released by the White House confirmed that the tariff has been reduced from 20 per cent to 19 per cent.
As part of the deal, Washington has also committed to work towards duty exemptions for certain textiles and apparel.
Bangladesh is the world’s second-biggest garment manufacturer, and the move is expected to affect goods from this sector.
Handpicked stories, in your inbox
A newsletter with the best of our journalism
Location :
United States of America (USA)
First Published:
February 10, 2026, 07:22 IST
News world US, Bangladesh Announce Trade Deal To Cut Tariff From 20% To 19% Just Before Polls
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Read More
