Bangladesh offers zero tariffs on 100 more US goods 

The government will facilitate the export of 100 more US products to Bangladesh at zero tariff to reduce the trade deficit with the United States. 

The government has sent a letter to the United States Trade Representative (USTR) in this regard.

Commerce Adviser Sk Bashir Uddin said this on Monday.

“Our Tariff Schedule contains 190 product lines with zero tariff and another 100 product lines are being considered to be included in the zero tariff schedule,” reads the letter.

Furthermore, the letter said Bangladesh was planning a long-term LNG deal with the US and would provide private equity access to healthcare to get tariff relief.

“Our government is examining ways to reduce tariff rates and eliminate all kinds of non-tariff barriers and has initiated reforms to enhance mutually beneficial trade for both countries. The reform initiative includes import policy order, simplification of customs procedure, enforcement of intellectual property rights, protect trademarks, patent rights and so on,” reads the letter.

Earlier in the day, Chief Adviser Prof Muhammad Yunus addressed a letter to US President Donald Trump requesting him to postpone the application of US reciprocal tariff measures on Bangladesh for three months to allow the interim government to smoothly implement its initiative to substantially increase US exports to Bangladesh.