US and Bangladesh set trade deal with tariffs at 19 percent

Bangladesh has agreed to provide significant preferential market access for some US industrial and agricultural goods.Published On 9 Feb 2026Bangladesh has secured a reduced 19 percent tariff rate with the United States under a trade agreement signed between the two countries, granting exemptions for some textiles and garments manufactured with US material.The trade deal was announced on Monday.Recommended Stories list of 4 itemslist 1 of 4‘We have a voice’: Latinos celebrate Bad Bunny’s Super Bowl halftime showlist 2 of 4White House to make it harder for US federal workers to challenge firingslist 3 of 4US urges American ships to stay ‘as far as possible’ from Iranian waterslist 4 of 4Russian drone sets fuel station ablaze in eastern Ukraineend of listMuhammad Yunus, the chief adviser heading Bangladesh’s interim government, said Washington had “committed to establishing a mechanism for certain textile and apparel goods from Bangladesh using US-produced cotton and man-made fibre to receive zero reciprocal tariff in [the] US market”.The White House said Bangladesh had agreed to provide significant preferential market access for US industrial and agricultural goods, including chemicals, medical devices, machinery, motor vehicles and parts, soya products and dairy goods, beef, poultry, tree nuts and fruit.Bangladesh will also ease non-tariff barriers by accepting US vehicle safety and emissions standards, recognising US Food and Drug Administration certifications, and removing import restrictions on remanufactured goods, the White House added.The nations also noted recent and upcoming commercial deals including aircraft procurement, around $3.5bn in purchases of US agricultural products, and an estimated $15bn in US energy product purchases over 15 years.Yunus said the agreement followed nine months of negotiations that began in April last year.Bangladesh also pledged to uphold internationally recognised labour rights and strengthen environmental protections.The South Asian nation in August had secured a reduction in US tariffs on its exports to 20 percent, down from 37 percent initially proposed by Washington, offering much-needed relief to the nation’s apparel exporters.