Dhaka, Aug. 1 -- Bangladesh's adjustment of its reciprocal tariff rate to 20 per cent on products exported to the United States marks a strategic pivot in global trade, industry expert Mohiuddin Rubel has said, positioning the country more competitively in the regional supply chain.

Mr Rubel, a former director of BGMEA and current Additional Managing Director of Denim Expert Ltd and Managing Director of Bangladesh Apparel Exchange Ltd, noted that this new tariff regime places Bangladesh in a favourable position compared to competitors like Pakistan, Cambodia, and Vietnam.

"This adjustment positions Bangladesh more favourably against competitors like Pakistan, Cambodia, and Vietnam, and sets it apart from higher-tariff countries such as ...