Home Street Fashion BGMEA, AmCham Bangladesh welcome reciprocal tariff agreement with US

BGMEA, AmCham Bangladesh welcome reciprocal tariff agreement with US

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BGMEA and AmCham Bangladesh have welcomed the signing of a reciprocal tariff pact with the US, terming it as a positive development for the apparel sector.
Garments manufactured using US inputs will be exempt from such tariffs and that will improve Bangladesh’s market access to the US, BGMEA noted.
The provision can encourage deeper supply-chain integration and promote value addition, AmCham said.BGMEA and AmCham Bangladesh have welcomed the signing of a reciprocal tariff pact with the US, terming it as a positive development for the apparel sector.
Garments manufactured using US inputs will be exempt from such tariffs and that will improve Bangladesh’s market access to the US, BGMEA noted.
The provision can encourage deeper supply-chain integration and promote value addition, AmCham said.