US tariff leaves BD's competitiveness intact: Dr Masrur Reaz

The United States' latest tariff decision was unexpected but does not weaken Bangladesh's competitive position in the US market, according to Dr M. Masrur Reaz, Chairman and CEO of Policy Exchange Bangladesh.

He said Bangladesh's tariff remains at 10 per cent�"the same rate imposed on India and Pakistan�"ensuring that the country is not placed at a disadvantage compared with its key regional competitors.

Reaz explained that Bangladeshi exporters had already been paying higher effective duties under the previous reciprocal tariff arrangement over the past two months. With the new tariff replacing the expired temporary measure, exporters will not face any additional tariff burden from August.

He also pointed to Bangladesh's expanding trade relationship with the United States, highlighting imports of Boeing aircraft, liquefied natural gas (LNG) and other products.

According to Reaz, the growing volume of bilateral trade strengthens Bangladesh's strategic position and supports its long-term prospects for deeper economic engagement with the United States.