Garment exporters in Bangladesh have expressed serious concern about the potential suspension of up to $2 billion worth of orders if the Trump administration's proposed 35% tariff comes into effect.
Ongoing trade negotiations between the US and Bangladesh have yielded little progress, prompting brands—including retail giant Walmart—to delay or cancel orders.
Exporters blame the slow pace on disagreements over tariff structures and local value addition. Leaders of BGMEA and BKMEA say the talks are stalling due to undisclosed agreements and a lack of consultation with the business community. They are urging the government to take bold and strategic steps immediately.