DHAKA -- Concerns are rising over Bangladesh's lack of leverage in trade negotiations with the U.S., after U.S. President Donald Trump unveiled a higher-than-expected tariff for the country if no deal is struck before Aug. 1, with business leaders and analysts expecting the proposed 35% levy to have a severe impact on the country's vital garment industry.
Trump tariffs
Bangladesh's lack of leverage sees it brace for higher US tariffs
Limited trade leaves Dhaka with weak hand, risking competitiveness against Vietnam
Bangladeshi business leaders and analysts expect Washington's proposed 35% tariff to severely affect the country's vital garment industry. © Reuters
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