Dhaka, Oct. 12 -- At the outset, the Trump administration's higher reciprocal tariffs on India and China-Bangladesh's key RMG competitors-appeared to offer a clear advantage for Bangladesh.
However, industry insiders say the American retail market remains volatile, and any significant positive impact has yet to materialize.
Although some US buyers initially reached out to Bangladeshi exporters via email after the tariffs were imposed, the overall boost has been limited.
The US has imposed reciprocal tariffs of 50 percent on Indian and 30 percent on Chinese shipments, compared to 20 percent for Bangladeshi goods-giving Bangladesh a competitive edge as an alternative sourcing hub for global retailers.
Reciprocal tariffs on Indian garments...