3:15 am, Saturday, 25 July 2026

US imposes new tariffs on imports from Bangladesh, 59 other trading partners

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The United States has imposed new tariffs on imports from 60 trading partners, including Bangladesh, after determining that they had not taken sufficient measures to prevent forced labour in their supply chains.

 

The new tariffs, announced by the Trump administration, will take effect on Friday (July 24), replacing the temporary 10 percent global tariff that had been in force for the past 150 days.

 

According to a notice published in the Federal Register on Thursday, the tariffs will apply to 99.4 percent of goods imported into the United States. However, products such as oil and gas, fertilisers, certain food items, automobiles, steel, aluminium and copper are exempt.

 

Under the final decision, Bangladesh is among 17 countries facing a 10 percent tariff. Other countries in the group include India, Pakistan, the United Kingdom, Canada, Cambodia, Malaysia, Mexico and Sri Lanka.

 

Meanwhile, a 12.5 percent tariff has been imposed on imports from 38 other countries, including China. For products from the European Union, Japan, South Korea, Taiwan and Switzerland, the total tariff rate will be either 10 or 12.5 percent when combined with existing duties.

 

The tariffs have been imposed under Section 301 of the Trade Act of 1974. US Trade Representative Jamieson Greer said the measures are intended to encourage trading partners to strengthen efforts against forced labour and promote fair trade.

 

The administration also expanded the list of duty-free products following public hearings, adding items that are not produced domestically in the United States, including pig iron, certain sugar products, animal and seed products, and selected chemicals.

 

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US imposes new tariffs on imports from Bangladesh, 59 other trading partners

Update Time : 10:42:09 pm, Friday, 24 July 2026

 

The United States has imposed new tariffs on imports from 60 trading partners, including Bangladesh, after determining that they had not taken sufficient measures to prevent forced labour in their supply chains.

 

The new tariffs, announced by the Trump administration, will take effect on Friday (July 24), replacing the temporary 10 percent global tariff that had been in force for the past 150 days.

 

According to a notice published in the Federal Register on Thursday, the tariffs will apply to 99.4 percent of goods imported into the United States. However, products such as oil and gas, fertilisers, certain food items, automobiles, steel, aluminium and copper are exempt.

 

Under the final decision, Bangladesh is among 17 countries facing a 10 percent tariff. Other countries in the group include India, Pakistan, the United Kingdom, Canada, Cambodia, Malaysia, Mexico and Sri Lanka.

 

Meanwhile, a 12.5 percent tariff has been imposed on imports from 38 other countries, including China. For products from the European Union, Japan, South Korea, Taiwan and Switzerland, the total tariff rate will be either 10 or 12.5 percent when combined with existing duties.

 

The tariffs have been imposed under Section 301 of the Trade Act of 1974. US Trade Representative Jamieson Greer said the measures are intended to encourage trading partners to strengthen efforts against forced labour and promote fair trade.

 

The administration also expanded the list of duty-free products following public hearings, adding items that are not produced domestically in the United States, including pig iron, certain sugar products, animal and seed products, and selected chemicals.