Bangladesh has achieved a major diplomatic and economic milestone. The US has agreed to impose only a 20% counter-tariff on Bangladeshi imports—17 percentage points lower than expected. Chief Adviser Dr. Muhammad Yunus called it a “strategic victory” that will boost Bangladesh’s access to the world’s largest consumer market, protect national interests, and unlock long-term growth opportunities.
Details are given below:
Interim Government’s Chief Adviser Dr. Muhammad Yunus has termed the imposition of a 20% counter-tariff—17 percentage points lower than the expected rate—on Bangladeshi imports as a “diplomatic victory.” He stated that the deal has strengthened Bangladesh’s access to the world’s largest consumer market while safeguarding key national interests.
This information was shared in a statement issued by the Chief Adviser’s Press Wing on Friday (August 1).
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In the statement, the Chief Adviser said,
“We extend our heartfelt congratulations to the Bangladeshi tariff negotiation team for successfully concluding a historic trade deal with the United States. This is a significant diplomatic triumph. The new 20% tariff rate is 17 percentage points lower than previously forecasted.”
He further noted that
“The exceptional strategic skills and unwavering commitment of our negotiators have clearly reflected in protecting Bangladesh’s economic interests and pushing forward our progress. Since February, they have worked tirelessly and consistently to navigate through complex discussions involving tariffs, non-tariff measures, and national security concerns—with remarkable success.”
Highlighting that Bangladesh’s comparative advantage remains intact through this agreement, the Chief Adviser added,
“This achievement not only reflects Bangladesh’s growing strength and respect on the global stage, but also opens up a path toward greater opportunities, faster growth, and sustainable prosperity. Today’s success is a strong testament to the bright future ahead for Bangladesh. It is a blazing example of our national determination and bold economic vision.”
Source: Jamuna TV
