Brief by Shorts91 Newsdesk / 04:29pm on 10 Feb 2026,Tuesday India Global
India's trade community expresses concern over the new US-Bangladesh trade agreement, fearing intensified export competition, particularly in textiles and apparel. Bangladesh secured 19% reciprocal tariffs on broad exports plus zero-tariff access for garments using US cotton and fibers, potentially undercutting Indian products in America's market. This could disrupt India's cotton supply chain to Bangladesh, as Dhaka may prioritize US cotton for preferential access. Congress leader Jairam Ramesh criticized the arrangement, claiming India's advantage in textile exports has vanished. While India negotiated an 18% tariff rate, Bangladesh's zero-duty provisions for specific textiles shift competitive dynamics. Trade experts await implementation details to assess full impact on regional supply chains. (PC: ANI)
