The US has reduced its retaliatory tariff on Bangladesh’s exports from 35% to 20%, aligning it more closely with competitors like Sri Lanka and Vietnam. Selim Raihan, SANEM Executive Director, calls this a positive step but urges Bangladesh to develop a diversified, competitive, and resilient trade strategy. Key priorities include export diversification, policy reforms, and new free trade agreements with emerging economies. The tariff cut offers short-term relief but highlights the need for transparency and long-term strategic planning amid global trade uncertainties.