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flag US raises tariffs on Bangladeshi goods to 37%, impacting $8.4 billion in annual garment exports.

flag The US has imposed a 37% tariff on goods from Bangladesh, up from an average of 15%, in response to what it claims are high tariffs on American goods in Bangladesh. flag Bangladesh, which exports $8.4 billion in garments to the US annually, is reviewing its own tariffs on US products. flag The move could significantly impact Bangladesh's garment industry, as buyers may turn to cheaper alternatives. flag Bangladesh's government is working to negotiate with the US to address the issue.

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