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Bangladesh hits 10.5% US share, faces 35% tariffs

Insights

• Bangladesh secured a **.** per cent share in the US garment market in Q* ****, becoming the third-largest supplier.
• However, from August *, it will face a steep ** per cent duty under the Trump administration's revised tariff policy.
• This includes a new ** per cent base duty in addition to existing tariffs.
• Bangladesh has requested a continuation of the current tariff rates.