The recently announced Reciprocal Tariffs (RTs) by US President Donald Trump have triggered a lot of uncertainties and anxieties worldwide, both in view of trade with the US and also from the perspectives of global trade and economic growth. For obvious reasons, Bangladesh has been no exception, particularly because US is one of Bangladesh’s key trade and economic partners. US is Bangladesh’s single-most important export destination (EPB, n.d) and one of the country’s most important foreign direct investment (FDI) sources. For Bangladesh, the concerns as regards the global trading regime that USA is trying to enforce, and the possible implications of this for Bangladesh’s external sector performance, are thus of heightened interest and grave concern.
Authors: Professor Mustafizur Rahman, Anika Tasnim Arpita and Tanbin Alam Chowdhury
Publication Period: June 2025