Dhaka, Aug. 17 -- From this August, Bangladesh is required to pay an additional 20 percent tariff, along with the existing 15 percent, on its exports to the United States. Vietnam faces the same tariff rate.

In contrast, China must pay the highest tariffs, while India is subject to an additional 50 percent. Although Vietnam's tariff rate matches Bangladesh's, the country will face higher costs due to transshipment, leaving Bangladesh in a more advantageous position than its rivals, Vietnam, China, and India, in the US apparel market.

India's garment exporters receive extra policy support domestically, and the country's emergence as a growing apparel exporter has posed risks for Bangladesh. However, with the US now imposing a 50 percent ...