NewKerala.com

Key Points

Bangladesh has proposed increasing imports of US goods like cotton and Boeing aircraft during ongoing tariff negotiations. The US pushed for relocating Bangladesh's garment factories to America, though this could drastically raise clothing prices. Both nations discussed worker rights and investment opportunities in comprehensive talks. The discussions continue as a 35% US tariff on Bangladeshi goods looms in August.

Key Points: Bangladesh Proposes US Cotton Oil Aircraft Imports in Tariff Talks

  • Bangladesh proposes higher US imports of cotton, oil, and Boeing jets
  • US seeks garment industry relocation and worker rights protection
  • Talks cover trade, investment, and tariff impacts on pricing
  • Both sides to continue negotiations ahead of August tariff deadline
2 min read

Bangladesh proposes to increase imports from US in tariff talks

Bangladesh offers to boost US imports including cotton and Boeing jets as both nations discuss tariffs, garment industry relocation, and worker rights.

"US shoppers can now buy a T-shirt for $10; if factories relocate, the price will be $200 – Bangladeshi Official"

Dhaka, July 10

Bangladesh has proposed to increase imports from the US on the first day of tariff talks between the two countries, a Bangladeshi official said on Thursday.

"Bangladesh, on the first day of the tariff talks, has proposed to import more cotton, oil, Boeing aircraft, soybeans, etc., from the United States," the Bangladeshi official who participated in the talks told ANI over the phone.

"The United States has requested Bangladesh to invest in its country, particularly by relocating its garment manufacturing lines to the United States... The US also called for effective steps to protect the rights of workers in the garment industry in Bangladesh," the official said.

"We appreciated the US proposals to relocate the garment industry and protect workers' rights. Bangladesh has no objection if the US can build garment factories. However, this will increase the price of clothing... US shoppers can now buy a T-shirt for USD 10; if the factory relocates, the price of that T-shirt will be USD 200," the official added.

The first day of the second round of three-day tariff talks between Bangladesh and the United States ended a few hours ago today in Washington, DC.

"The talks were very comprehensive, touching upon almost all the key aspects of the trade relationships between the two nations," a Bangladesh government statement said on Thursday.

Commerce Adviser Sheikh Bashiruddin led the Bangladesh delegation in Washington DC. National Security Adviser Khalilur Rahman and the Chief Adviser's Special Assistant on ICT and Telecommunications, Faiz Ahmed Tayeb, joined the talks virtually from Dhaka. Senior Commerce Ministry officials also attended the meeting in the US capital.

Senior US officials from agriculture, energy, commerce and copyright agencies joined the meeting.

Both sides will resume their meeting at 9 pm Bangladesh time on Thursday. Talks will also be held on Friday.

Earlier on Monday, two days ahead of the July 9 deadline, US President Donald Trump issued a letter to Bangladesh, imposing a 35 per cent tariff. According to the letter, the tariff will take effect on August 1.

- ANI

Share this article:

Reader Comments

S
Sarah B
As someone who works in international trade, I think Bangladesh is playing smart by proposing more imports from US. This could help balance trade relations. The worker rights issue is valid though - conditions in garment factories need improvement globally.
A
Arjun K
Why is US pushing Bangladesh to relocate factories? This smells like economic bullying. First they impose 35% tariffs, then ask for factory relocation. Developing countries should stand together against such pressure tactics. #GlobalSouthUnity
P
Priya S
The worker rights discussion is important, but US should also consider that Bangladesh's garment industry employs millions of women and supports entire families. Sudden changes could create massive unemployment. Balance is needed!
D
David E
From economic perspective, this could be win-win if handled carefully. Bangladesh gets access to US markets for their exports, US gets investment and jobs. But the tariff threat seems unnecessary aggressive at this stage of negotiations.
N
Nisha Z
As an Indian, I hope our government learns from this. We need to strengthen our own textile industry to compete better in global markets. Maybe time to review our trade policies with Bangladesh too. 🇮🇳
K
Karthik V
While worker rights are important, US shouldn't forget that their cheap fashion comes at the cost of developing world labor. Either pay proper prices or

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50