Hundreds of garment workers from Style Craft Garment blocked the Dhaka-Gazipur Road on Saturday morning to demand their overdue salaries and dues. The protest caused significant traffic congestion on the busy route, disrupting daily commuters for several hours.
Business News
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Bangladesh’s garment exporters are feeling increased pressure as American retailers and clothing brands push their suppliers to shoulder a portion of the latest tariffs imposed by the Trump administration.
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Trade Data
Overall duty rate for Bangladeshi apparel, footwear products to increase with US tariff addition
The US government has added a 20% countervailing duty, which, when combined with existing tariffs, will raise the overall duty rate to 35% on Bangladeshi imports.
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Bangladesh’s garment industry stands to benefit from partial tariff exemptions on exports to the United States when using US raw materials, specifically cotton.
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The United States Customs and Border Protection (CBP) has announced a stringent deadline for shipments to qualify for exemptions from recent tariff hikes on imports, including products from Bangladesh.
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The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has appealed to its member factories nationwide to shut down operations on 5th August, in observance of the "July Mass Uprising Day."
