economy
February 11, 2026
US and Bangladesh agree trade deal
Along with a reduced tariff, clothes made in Bangladesh with US cotton will get a duty waiver
TL;DR
- US and Bangladesh have agreed a trade deal with reduced tariffs for most of Bangladesh's exports.
- The deal sets a tariff rate of 19% for exports to the US, a 1% reduction.
- Textile and apparel goods from Bangladesh using US-produced cotton will receive a zero tariff in the US market.
- Bangladesh will allow preferential market access for US industrial and agricultural goods, with tariffs on several items to be slashed to zero.
- Bangladesh Airlines will purchase 14 Boeing aircraft, and Dhaka will buy US military equipment.
- The deal was made four days before national elections in Bangladesh.
- Bangladesh is the world's second-largest exporter of clothes, with the garment sector accounting for over 80% of its export earnings.
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