National Security Adviser Khalilur Rahman has said that Bangladesh has successfully averted a potential 35 percent retaliatory tariff, calling it welcome news for the country’s garment sector and the millions who depend on it.

He said, “We have managed to preserve our position in global competition while also creating new opportunities to access the world’s largest consumer market.” 

The adviser said this in a statement issued on Friday (August 1), shortly after the announcement of a 20 percent retaliatory tariff on all Bangladeshi imports to the United States.

The National Security Adviser said that the negotiations were conducted with careful calculations to ensure that Bangladesh’s commitments aligned with national interests and capacities.

He added that protecting the garment sector was a top priority, while simultaneously committing to purchase American agricultural products—a move that would not only support Bangladesh’s food security goals but also help foster strong relations with US agriculture-dependent states.

The United States has imposed a 20 percent retaliatory tariff on imports from Bangladesh. The decision was formalised through an executive order signed by President Donald Trump on Thursday.

Earlier, the U.S. administration had informed Bangladesh via letter of its plan to impose a 35 percent tariff. However, that rate was ultimately reduced by 15 percent, resulting in the newly announced tariff structure.

He also said, “Bangladesh’s future is now undoubtedly bright. Today’s success reflects our national resilience and bold vision for a strong economic future.”

SMS/