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Bangladesh cuts US tariffs on goods from 35% to 20%, while Pakistan secures a 19% reduction.
Bangladesh has reduced US counter-tariffs on certain goods from 35% to 20% through ongoing negotiations, though no formal agreement has been signed yet. Despite this reduction, Bangladesh's textile industry faces competition from Vietnam and India. Meanwhile, Pakistan secured a 19% tariff reduction but faces high production costs that could hinder its global competitiveness despite the tariff cut. Both countries aim to boost their exports to the US market.
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