Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag U.S. and Bangladesh finalize trade deal cutting tariffs on goods, boosting Bangladeshi textiles while raising concerns in India.

flag The U.S. and Bangladesh have finalized a trade agreement reducing Bangladesh’s tariff on U.S. goods to 19% and granting zero tariffs on garments made with U.S. cotton or man-made fibers, boosting Bangladeshi textile exports to the U.S. flag The deal, effective immediately, gives Bangladesh a competitive edge despite India’s lower 18% tariff, raising concerns in India’s textile sector over lost market share and reduced demand for Indian cotton. flag While Indian exporters expect limited impact due to higher U.S. cotton costs and logistical challenges, stock prices in India declined and political criticism grew. flag The agreement also includes provisions for U.S. agricultural and energy exports to Bangladesh, and data policy changes, highlighting shifting trade dynamics in South Asia.

108 Articles