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Bangladesh is preparing for a third round of negotiations with the United States to reduce the 35% countervailing tariff on its exports. The Ministry of Commerce is formulating a position paper with input from 11 ministries and related agencies. The discussions aim to assess the feasibility of U.S. conditions under local and international laws. Meetings with U.S. companies like Chevron and Excelerate Energy have been held, with more planned, including one with the American Apparel and Footwear Association on July 22.

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