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Home / Business and Economy / US-Bangladesh Pact: Tariffs Cut for Textile Access

US-Bangladesh Pact: Tariffs Cut for Textile Access

10 Feb

•

Summary

  • US to eliminate tariffs on specific Bangladeshi textile volumes.
  • Bangladesh to lower tariffs across chemicals, cars, and energy.
  • Deal aims for greater market access for US goods in Bangladesh.
US-Bangladesh Pact: Tariffs Cut for Textile Access

The United States and Bangladesh have finalized a significant trade agreement, set to take effect on Monday, February 10, 2026. This pact introduces tariff reductions on textile and apparel goods imported from Bangladesh into the U.S. The specific volume of these tariff-free goods will be determined by the Trump administration, contingent on Bangladesh's import of U.S. cotton and other fibers.

In exchange for these tariff concessions, Bangladesh has committed to enhancing market access for U.S. goods. The agreement includes a reduction in the U.S. reciprocal tariff on most Bangladeshi products from 20% to 19%. Furthermore, Bangladesh will lower tariffs and streamline regulations in key sectors such as chemicals, medical devices, automobiles, and energy.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
The new trade agreement involves the U.S. eliminating tariffs on a set amount of textile and apparel goods from Bangladesh in exchange for greater market access for U.S. products.
The U.S. will lower its reciprocal tariff on most Bangladeshi goods from 20% to 19% and will identify a specific volume of clothing and apparel that can enter the U.S. without tariffs.
Bangladesh will lower tariffs and regulations across industries including chemicals, medical devices, cars, parts, and energy products.

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