US and Bangladesh Finalize Reciprocal Tariff Agreement, Slashing Import Duty to 19%
The United States and Bangladesh have officially disclosed the comprehensive details of their newly signed reciprocal tariff agreement, a landmark pact that represents a substantial advancement in their bilateral economic and trade partnership. This significant development, announced on Monday, February 9, 2026, underscores a mutual commitment to fostering stronger commercial ties between the two nations.
Key Provisions of the Trade Agreement
Under the terms of the freshly inked agreement, the United States has executed a strategic reduction in its tariff rates on exports originating from Bangladesh. Specifically, Washington has lowered the applicable tariff from the previous rate of 20 percent down to 19 percent. This measured decrease is anticipated to provide a modest but meaningful boost to Bangladeshi exporters, enhancing their competitiveness within the lucrative American market.
In a move that further amplifies the deal's impact, the agreement incorporates an additional, forward-looking commitment. The United States has pledged to establish a specialized mechanism designed to facilitate zero reciprocal tariffs for select categories of textile and apparel goods imported from Bangladesh. This preferential treatment will apply specifically to products manufactured using cotton and man-made fibers sourced from the United States, thereby encouraging integrated supply chains and promoting bilateral trade in the textile sector.
Official Reactions and Strategic Significance
US Trade Representative Ambassador Jamieson Greer publicly commended the Bangladeshi negotiating delegation for their diligent and effective efforts throughout the negotiation process. The Bangladeshi team was led by Chief Adviser Muhammad Yunus, whose leadership was instrumental in securing favorable terms for the nation.
This agreement is widely regarded as a pivotal milestone, symbolizing a deepening of economic cooperation between the United States and Bangladesh. It is expected to not only streamline trade flows but also lay a robust foundation for future collaborative initiatives and expanded market access. The deal reflects a shared vision for sustainable economic growth and enhanced bilateral relations, potentially setting a precedent for other trade partnerships in the region.
