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CA Optimistic About Resolving US Tariff Issue Through Talks

Greenwatch Desk Diplomacy 2025-04-03, 8:41pm

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Chief Adviser Professor Muhammad Yunus has expressed confidence that the ongoing tariff issue with the United States will be resolved through constructive talks.

"We are studying the situation. Since it is negotiable, we will engage in discussions, and I am confident we can reach the best possible deal," said Yunus, as quoted by his Press Secretary, Shafiqul Alam.

In an interview with BSS in Bangkok, Alam clarified that the issue, which centers around the 37% tariff the US has imposed on Bangladeshi goods, is still in its early stages of discussion. "We are carefully reviewing the matter, and we are hopeful that our efforts will strengthen our relations with the United States in the future," he said.

The interim government aims to find a solution that benefits both Bangladesh and the US. "We are committed to a resolution that protects the interests of both nations," Alam added, emphasizing that Bangladesh is actively engaged in ongoing discussions with the US.

Earlier on Thursday, Alam stated on Facebook that Bangladesh is also reviewing its tariffs on US imports. "The National Board of Revenue is working to identify options for tariff rationalization to address this matter swiftly," he wrote.

Alam reiterated that the United States remains Bangladesh's largest export destination and a close partner. He noted that since the Trump Administration took office, the interim government has been focused on enhancing trade and investment cooperation between the two nations. "Our continued engagement with the US government is expected to help resolve the tariff issue," he concluded.

The 37% tariff, part of President Donald Trump’s ‘reciprocal tariff’ policy, was recently imposed on Bangladeshi goods.