The United States Supreme Court’s decision on Friday to invalidate President Donald Trump’s sweeping tariff regime has landed like a legal thunderbolt far beyond Washington, unsettling trade arrangements in distant capitals that had already recalibrated their economic futures around America’s revived protectionism.
Few countries illustrate the stakes more vividly than Bangladesh, which only weeks ago struck a hard-fought trade agreement designed to blunt the impact of those very tariffs.
Now, with the legal foundation of the tariff threat suddenly removed, Dhaka finds itself confronting an uncomfortable question of whether it conceded too much in exchange for a tariff relief that may no longer exist.
At first glance, the Bangladesh-US deal was a triumph of arithmetic over ideology. The agreement lowered reciprocal tariffs on Bangladeshi exports to 19% from rates that could have climbed as high as 37%, sparing exporters an estimated $1.4 billion annually in duty costs.
For a country whose garment exports to the United States approach $9 billion annually, the reduction promised stability and a continued foothold in its most lucrative market. Even more consequential, provisions allowing duty-free access for garments using American inputs potentially eliminated tariffs on the overwhelming majority of exports.
That Bangladesh would enjoy zero tariffs in US markets — a privilege it lost in 2013...
Read more
-
If you are making Malpua on Holi, then know the history of India’s first sweet from Rigveda to Mughal court.
-
Holi 2026 : Say goodbye to chemicals; Make natural colors of Holi at home from kitchen ingredients
-
Big decision of Indian government! ‘Ya’ 5 OTT apps banned, action taken for showing obscene content
-
Pakistanis upset after the defeat at the hands of England, started abusing captain Salman Aga’s wife and son, Saba Manzar replied
-
NZ vs SL, T20 World Cup 2026: New Zealand Beat Sri Lanka By 61 Runs To Knock Out Co-Hosts, Keep Semis Hopes Alive
