Previously, an additional tariff of 19% was in effect on Bangladeshi products. However, a temporary global tariff of 10% was later imposed under Section 122 of the Trade Act of 1974, which has been announced to remain effective for up to five months. Although this has not fully restored relief, both importers and exporters have gained some comfort as the effective tariff rate has declined compared to before. The United States is one of Bangladesh’s main export markets. While the additional tariff was in effect, many buyers demanded price discounts, and some suspended orders.

Source: Dhaka Tribune February 21, 2026 14:11 UTC