Industry leaders say reciprocal trade agreement may lose footing after top US court decision unsettles tariff regime

Under the agreement, the tariff rate on Bangladeshi products may fall to 18 percent from the current 20 percent

Bangladesh is in an advantageous position compared with competing countries in the US

The latest announcement from Washington has not only shaken Bangladesh’s industrial heartland, but has presented a moment of reckoning.

Bold diplomacy, united efforts essential

Trump levied 37 percent tariff on US imports of products from Bangladesh.

The global trade environment is becoming increasingly uncertain, and Bangladesh cannot afford to be complacent.