#TrumpTariffs đĸ Trump's new tariff policy puts Bangladesh at risk!
đēđ¸ President Trump has announced that from August 1, a 25%-40% import tariff will be effective on Bangladesh and 13 other countries.
𧊠Geopolitical Situation:
đ So far, only the United Kingdom and Vietnam have made agreements with the United States.
đ China has been given time until August 12 â if no agreement is reached by then, additional sanctions may come.
đ The European Union is still in discussions to avoid imposing tariffs.
đģ A big blow for Bangladesh:đ§đŠ
đ Decision to impose a 35% tariff
đ The garment sector is at the greatest risk, which depends on 80% of the country's export earnings and 4 million jobs
đ BGMEA has stated, "We expected 10-20%, this is a big blow."
đ The S&P 500 index has dropped in the US market
đ Investor interest in crypto and gold may increase
đī¸ Discussions are ongoing before August 1, but time is very limited