The second round of tariff negotiations between Bangladesh and the United States is underway in Washington, DC, focusing on addressing the proposed 35% tariff on Bangladeshi exports, set to take effect on August 1, 2025. Commerce Adviser Sheikh Bashir Uddin is leading the Bangladeshi delegation, joined in person by Commerce Secretary Mahbubur Rahman and Additional Secretary Dr. Nazneen Kauser Chowdhury, with National Security Adviser Dr. Khalilur Rahman participating virtually from Dhaka. The discussions, held with United States Trade Representative (USTR) Ambassador Jamieson Greer, aim to secure a bilateral trade agreement that could reduce or exempt Bangladesh from the tariff.
The talks, which began on July 9 and are scheduled to conclude on July 11, have shown progress, with both sides reportedly reaching a general consensus on several issues during the second day. Bangladesh has proposed increasing imports of U.S. products, such as wheat, soybeans, and aircraft, to address the trade deficit and strengthen economic ties. The negotiations are seen as vital for Bangladesh, where exports, particularly garments, are a cornerstone of the economy. The looming tariff has already caused uncertainty, with some U.S. clothing retailers delaying orders due to cost concerns.
Posts on X reflect a cautiously optimistic sentiment, noting that the first day of talks concluded with broad agreement on key points. However, challenges remain, as earlier discussions highlighted U.S. demands that could conflict with global trade norms, such as restrictions on Bangladesh offering lower tariffs to other countries. Despite these hurdles, Bangladeshi officials remain committed to finding a mutually beneficial solution, emphasizing diplomacy to protect the nation’s export-driven economy.
The outcome of these talks will significantly impact Bangladesh’s trade relations with the U.S., its largest export market. As negotiations continue, the delegation is focused on securing terms that support economic stability while fostering stronger bilateral cooperation.
Published in SouthAsianDesk, July 11th, 2025
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