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In response to the recent tariff hikes imposed by the US—ranging from 15% to 37% on Bangladeshi products—the government is reviewing import duties on US goods. Chief Adviser’s Press Secretary, Shafiqul Alam, stated, “The National Board of Revenue is evaluating options for tariff rationalization.” Special Assistant to the Chief Adviser, Faiz Tayeb Ahmed, emphasized that while global economies brace for these new trade barriers, Bangladesh is positioning itself as an attractive destination for international investors by ensuring streamlined registration processes, export incentives, secure industrial zones, stable electricity, and reliable internet in its EPZs, Hi-Tech Parks, and Special Economic Zones. The US remains the largest market for Bangladesh’s garment industry, raising concerns over the long-term impact of these tariffs.

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