What Trump’s New Tariff Rules Mean for South Asia

What Trump’s New Tariff Rules Mean for South Asia

Uncertainty looms. But since the tariffs are also squeezing global competitors, South Asian countries could, with the right policies, recover.

Bangladesh Seeks US Talks as $40 Billion Export Sector at Risk

Bangladesh is looking to hold talks with the Trump administration in a bid to lessen the blow from a US decision to impose a 37% tariffs on goods that could devastate the country’s $40 billion garment export industry.

Trump’s tariffs hit garment makers in Bangladesh and Sri Lanka hard

Officials in both countries are scrambling to contain panic among business leaders. Read more at straitstimes.com.

Bangladesh, the world's second-largest garment producer, fears pain from Trump tariffs: 'We were not ready for this'

Bangladeshi textile industry leaders said Thursday that U.S. tariffs posed a "massive blow" to the world's second-largest garment manufacturer, which accounts for some 80% of the South Asian nation's exports. "Buyers will go to other cost-competitive markets—this is going to be a massive blow for our industry," said Rakibul Alam Chowdhury, chairman of RDM Group, a major manufacturer with an estimated $25 million turnover. "We will lose buyers." …

Made in Bangladesh – you’ll find it on many labels in clothing, all over the world. And if those pants or sweaters themselves aren’t made in Bangladesh, then the…

Leading garment producer Bangladesh holds crisis talks on US tariffs

DHAKA: Bangladesh’s interim leader called an emergency meeting on Saturday after textile leaders in the world’s second-largest garment manufacturing nation said US tariffs were a “massive blow” to the key industry. Textile and garment production accounts for about 80 percent of exports in the South Asian country, and the industry has been rebuilding after it was hard hit in a revolution that toppled the government last year. US President Donald …