US reciprocal tariff on Bangladesh may decline further if trade gap continues to shrink: Bashir | News

DHAKA, Sept 14, 2025 (BSS) – Commerce Adviser Sk. Bashir Uddin today hoped that the already imposed US reciprocal tariff rate of 20 percent on Bangladeshi products may reduce further as the trade gap between the two countries continues to shrink riding on increased imports. Bashir made the remarks at a press conference held at the commerce ministry at Bangladesh Secretariat today after a meeting with Brendan Lynch, assistant US trade representative for South and Central Asia. He said the reduction of the tariff rate depends on the increase in imports of US goods to narrow the bilateral trade gap. Bashir also said a trade agreement between Bangladesh and the USA may be signed this month as the issue was...