Shafiqul optimistic of solving tariff issue through talks with US

Shafiqul Alam, the press secretary to the chief adviser, has expressed hope that positive progress will be made in resolving the tariff issue through ongoing discussions with the US government.

The press secretary said, Bangladesh is reviewing its tariffs on products imported from the United States.

In a Facebook post on Thursday (April 3), Shafiqul Alam wrote: The National Board of Revenue (NBR) is identifying options to rationalize tariffs expeditiously, which is necessary to address the matter.

He further wrote: The United States is a close friend of Bangladesh and our largest export destination. We have been working with the US since the Trump Administration took over to enhance trade and investment cooperation between our two countries. Our ongoing work with the US government is expected to help address the tariff issue.

Earlier, US President Donald Trump imposed a 37% reciprocal tariff on products imported from Bangladesh as part of a broader policy to adjust tariffs on products from various countries. Previously, Bangladeshi exports to the US faced an average tariff of approximately 15%.