June 09, 2026
Export earnings weaken while import costs continue to climb, widening external pressure on the economy
Import surge and export decline widen trade gap by over 24 percent
Remittance surge partially offsets pressure as imports rise and exports decline
Initial order signed Friday set tariff at 10% for 150 days
Advisor Sheikh Bashir Uddin says the decision followed a techno-economic feasibility study comparing aircraft from Boeing and Airbus
The trade deficit is being mitigated with increased imports of agricultural and energy products
Last year, China imported 22.13 million tons of soybeans from the US
The government is also planning to increase imports of wheat, soyabean oil, and cotton from the US