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Bangladesh-U.S. Trade Deal Boosts Garment Sector Ahead of Elections

2/10/2026

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Story summary
  • Bangladesh and the United States finalized a trade agreement after nine months of negotiations, cutting tariffs to 19% on most exports.
  • The deal allows textiles made with U.S. materials to enter the United States duty-free.
  • Bangladesh will ease non-tariff barriers, including recognizing U.S. safety standards, aiding the garment sector that employs about 4 million workers.
  • The timing is notable because the agreement was announced just days before Bangladesh's elections.