Trump’s aggressive trade policy targets 14 countries—India eyes an export boost as Bangladesh suffers.
Now, Donald Trump has imposed heavy tariffs on 14 countries, including Bangladesh.
A 35% heavy tariff has been imposed on Bangladesh. Previously, a 10% tariff was already in place, so a total of 45% in tariffs have now been imposed on Bangladesh.
If you look at the Bangladeshi media, they are reporting:
“Donald Trump slaps a 35% tariff on Bangladeshi goods, effective from 1st August.”
And if you’re wondering which other countries are involved, let me tell you—the imposition of tariffs on Bangladesh affects us significantly.
Just check today—all the textile manufacturing companies in India that primarily export—their shares have gone up.
Indian companies now have a golden opportunity.
Under Mohammad Yunus, Bangladesh has already become radicalized.
Their growth rate has significantly declined.
Bangladesh’s Main Export
What is Bangladesh’s main export?
Bangladesh exports textiles—cotton textiles, knitwear, etc.—the most in the world.
Bangladesh’s Top Export Markets
Which is their biggest export market?
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Number 1: Germany
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Number 2: United States of America
The percentage difference between these two is negligible. Sometimes, the US even becomes the top export destination.
So now that Trump is talking about tariffs of over 40%, this will be a major blow to Bangladesh.
What Will Happen Now?
Manufacturing textiles in Bangladesh and exporting to the USA will become very difficult.
The direct benefit of this will go to India.
Trump has said something positive about India. He mentioned that these 14 countries (including Japan and South Korea) are being targeted with tariffs because he doesn’t see any hope of a trade deal with them.
Other countries, like the UK, already have a deal. With India, he said a deal will happen very soon.
Indian companies will get access to a market worth billions of dollars—the American market, which previously was dominated by Bangladeshi exporters.
A Golden Opportunity for India
This is great news for India.
Even if you think Vietnam might replace us, Trump has already imposed significant tariffs on Vietnam as well. Vietnam did not get much flexibility in its trade deal regarding tariffs.
So India has a golden opportunity.
Bangladesh’s Economic Struggles
Bangladesh’s economy—unless it completely surrenders to the US — for example, by giving military bases or strategic concessions—will not benefit.
But for now:
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35% new tariffs
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+10% existing tariffs
= 45% total tariffs on Bangladesh
These are going to hit their economy hard.
Unemployment will rise on a massive scale.
What If Trump Backs Out?
And I’m not just talking about Bangladesh here—if a genuine trade deal is made between India and the US, and Trump doesn’t “TAKO” (by the way, “TAKO” means “Trump Always Chickens Out”), then India is going to gain massively.
If Trump sticks to his words this time—which is doubtful, given his unpredictable track record—then India will be in a very special position.
Our manufacturing capacity is growing, and access to the USA’s vast market will be right in front of us.
Tariffs on Other Countries
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Myanmar—40%
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Laos – 40%
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Cambodia – 36%
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Thailand, Indonesia, and Malaysia – heavy tariffs
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Japan and South Korea—even high-end products like Honda cars have been hit with tariffs
Indian companies like Tata and Mahindra now have a golden opportunity to export to the USA.
If we maintain our quality and increase our exports,
This can be a golden era for India.
What Did Trump Say About India?
Here’s a short quote:
“We made a deal with the UK, we made a deal with China, we are looking to make a deal with India.
The others, we told them – if you want to play ball, you have to pay tariffs.”
Deadline for Tariff Imposition
Trump is saying these tariffs will be imposed from 1st August 2025.
Until then, he has given countries the opportunity:
“Offer me what you can. Maybe I’ll reduce the tariffs.“
What Can Bangladesh Offer?
Japan has a lot to offer. But what does Bangladesh have?
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Low purchasing power
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Small market size
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Lack of strategic assets
If there are no strategic offerings, then the US gains nothing from Bangladesh.
And if Bangladesh’s leadership gives concessions to the US—that’s a different story.
But for now, Bangladesh has limited options.
Will Countries Unite Against Trump?
There’s a possibility that countries may come together to form a block against Trump’s tariffs.
But realistically, everyone wants access to the US market. Without it, economies can collapse.
Bangladesh’s Choice
So the option in front of Bangladesh is simple:
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Watch your economy deteriorate, or
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Offer something strategic to the US
If these tariffs are imposed and remain in place, then Bangladesh’s economy will fall behind even Pakistan’s.