With China, Vietnam and Cambodia vying for market share, Bangladeshi exporters fear a race to the bottom on prices -- one they may not win
The 90-day suspension of reciprocal tariffs by the US has brought a much-needed reprieve for Bangladesh’s readymade garment sector, which had been preparing for a potential slowdown in orders and pricing pressures.
Exporters in Bangladesh’s garment sector face a moment of reckoning over how they will manage urgent international shipments after India abruptly closed a transshipment route that had grown popular for air cargo.
"This pause gives Bangladesh enough time to make preparations"
The local suppliers are now trying to negotiate prices of garments under the new tariff regime
The chief adviser made the call in a letter to the US president
A $100 shipment of T-shirts or jeans from Dhaka would face nearly $49 in import taxes at a US port, compared to just $11.56 now
As new US tariffs shake global trade routes, Bangladesh is pursuing a plan to reduce its trade imbalance with the US through targeted import increases, regulatory reforms and behind-the-scenes diplomacy. Bangladesh is not panicking and may even stand to gain, officials said yesterday.
With China, Vietnam and Cambodia vying for market share, Bangladeshi exporters fear a race to the bottom on prices -- one they may not win
Exporters in Bangladesh’s garment sector face a moment of reckoning over how they will manage urgent international shipments after India abruptly closed a transshipment route that had grown popular for air cargo.
The 90-day suspension of reciprocal tariffs by the US has brought a much-needed reprieve for Bangladesh’s readymade garment sector, which had been preparing for a potential slowdown in orders and pricing pressures.
"This pause gives Bangladesh enough time to make preparations"
The local suppliers are now trying to negotiate prices of garments under the new tariff regime
The chief adviser made the call in a letter to the US president
A $100 shipment of T-shirts or jeans from Dhaka would face nearly $49 in import taxes at a US port, compared to just $11.56 now
As new US tariffs shake global trade routes, Bangladesh is pursuing a plan to reduce its trade imbalance with the US through targeted import increases, regulatory reforms and behind-the-scenes diplomacy. Bangladesh is not panicking and may even stand to gain, officials said yesterday.
Bangladesh’s garment industry, already under consistent pricing pressure from global clothing retailers and brands, now faces a fresh challenge due to new reciprocal tariff measures implemented by the Trump administration.
Factories provide essentials at subsidised prices to win worker loyalty and orders. But what does the factory gain?
