A 10% tariff rate has been confirmed for goods from Bangladesh, following investigations and placing them alongside key apparel sourcing competitors, involving the Office of the US Trade Representative.
2 reports, 1 independent
Updated Jul 25
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What happened
A 10% tariff rate has been confirmed for goods from Bangladesh, following investigations and placing them alongside key apparel sourcing competitors, involving the Office of the US Trade Representative.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Customs officials are investigating Focus Apparels BD Ltd, and authorities are taking legal action against Santex Knitwears.Sub-event
Confirmed 10% tariff rate on goods from Bangladesh after investigations.1 source
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The entities involved
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Bangladesh
American record producer
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Sri Lanka
island country in South Asia
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Office of the United States Trade Representative
United States government agency
Nothing else this week.
Related events
- The United States has issued a threat regarding a potential 12.5% tariff on exports originating from Sri Lanka.
- The US has taken various trade actions, including assigning tariffs and applying economic pressure, against multiple countries including Bangladesh, India, Pakistan, Sri Lanka, and Indonesia.
- Sri Lanka Customs manages the country's import/export sector and is seeking greater cooperation from ACFA.
- The European Union reviews Sri Lanka's compliance regarding trade benefits.