Dhaka, Aug. 7 -- Bangladesh is emerging as a preferred destination for global apparel buyers as new US tariffs impose a significant competitive disadvantage on its main rivals, India and China.

With the Trump administration levying an additional 25 percent tariff on Indian and 30 percent on Chinese goods, buyers are increasingly turning to Bangladesh, which faces a comparatively lower 20 percent tariff on its products, reports UNB.

The shift in global trade dynamics presents a rare opportunity for Bangladesh's ready-made garment (RMG) sector. Apparel exporters believe the country has the capacity and expertise to meet the new demand.

The BGMEA President Mahmud Hasan Khan stated that Bangladesh is fully capable of handling a diversion o...