Trade Advisor Sheikh Bashir Uddin confirmed that the U.S. has reduced tariffs on Bangladeshi imports to 20%, down from the previous 35%. He noted that Bangladesh had hoped for a rate lower than 20% but emphasized that exports to the U.S. will remain unaffected. Bashir Uddin, who is leading Bangladesh’s negotiating team currently in the U.S., said the new rate keeps Bangladesh competitive in global markets.