India Loses Tariff Edge as Bangladesh Strikes U.S Trade Deal | Textile Sector Impact | ON POINT

Описание: India’s expected advantage in textile exports to the U.S. has taken a hit as Bangladesh signs a sweeping trade deal with Washington. While India hoped for an 18% tariff edge on garments, Bangladesh now gains zero-duty access for textiles, subject to U.S. raw-material import quotas. The development threatens India’s competitiveness in labour-intensive sectors, spurred market volatility, and comes amid worsening India–Bangladesh ties following logistical and geopolitical tensions.

India U.S trade deal | Bangladesh U.S trade agreement | textile exports India | India Bangladesh relations | Piyush Goyal statement | US tariffs | labour-intensive sectors | Garment industry India | Dhaka trade policy | Indian textile market

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