Bangladesh is reviewing its tariffs on products imported from the United States.
Chief Adviser's Press Wing said this on Thursday hours after US President Donald Trump unveiled a 37 percent reciprocal tariff on Bangladesh.
"The National Board of Revenue is identifying options to rationalise tariffs expeditiously, which is necessary to address the matter," CA's Press Secretary Shafiqul Alam said in a press statement posted on his Facebook post in the morning.
The statement notes that the United States is a close friend of Bangladesh and the country's largest export destination.
"We have been working with the US since the Trump Administration took over to enhance trade and investment cooperation between our two countries. Our ongoing work with the US government is expected to help address the tariff issue," it added.
According to a list published by the White House, the US government said it was set to levy a 37 percent "discounted reciprocal tariff" on Bangladesh in response to the Southeast Asian country's "74 percent tariff" on American goods.
bd-pratidin/GR
