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Commerce minister downplays new US tariff on Bangladesh

He says the latest measure "does not add any new burden"

Commerce minister downplays new US tariff on Bangladesh

Sylhet Correspondent

bdnews24.com

Published : 24 Jul 2026, 08:38 PM

Updated : 24 Jul 2026, 08:38 PM

Commerce Minister Khandakar Abdul Muktadir has brushed aside suggestions of a trade climate shake-up after the United States move.

Asked about the 10 percent tariff on Friday, he said Washington is simply replacing an earlier tariff set to lapse within 150 days under legal rules.

He explained that the move represents a rollover under a different name rather than an additional levy, meaning real-world trade conditions stay intact.

The minister spoke after opening a daylong free medical camp providing family planning, maternal, child, and eye care to tea garden workers at the Sylhet Government High School field in Lakkatura.

"The existing tariff will remain in place past midnight [on Friday], just under a different label," Muktadir said, maintaining that no extra burden was placed on exports.

Turning to energy, he said the government continues subsidising fuel despite international market swings, with no immediate plans to raise domestic prices.

Muktadir mapped out future fiscal ambitions, saying the administration aims to allocate 5 percent of gross domestic product (GDP) each to health and education.

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