The United States has set two key conditions for Bangladesh during ongoing talks to waive the 35% tariff effective from August 1: investing in the U.S. manufacturing sector and ensuring labor rights in Bangladesh. Bangladesh aims to reduce the trade deficit by increasing imports of cotton, wheat, fuel, and purchasing Boeing aircraft. Despite challenges, both sides agree on most trade aspects. Discussions continue to finalize a bilateral trade agreement to protect Bangladesh’s interests amid growing U.S. tariff pressures.