Posted on 04/07/2025 7:05:01 AM PDT by Red Badger
US buyers have begun halting orders from Bangladesh, the world’s second-biggest garment manufacturer, after punishing US tariffs that pushed the government in Dhaka to plead on Monday for a three-month pause to the levies.
Textile and garment production accounts for about 80 percent of exports in Bangladesh and the industry has been rebuilding after it was hit hard in a student-led revolution that toppled the government last year.
US President Donald Trump hit Bangladesh with biting new tariffs of 37 percent on Wednesday, hiking duties from the previous 16 percent on cotton products.
Reports of the swift biting impact come as interim leader Muhammad Yunus pleaded with Trump to “postpone the application of US reciprocal tariff measures”, the government said in a statement.
Yunus wrote to Trump to ask for “three months to allow the interim government to smoothly implement its initiative to substantially increase US exports to Bangladesh”, the statement added.
Those products include “cotton, wheat, corn and soybean which will offer benefits to US farmers”, it read.
“Bangladesh will take all necessary actions to fully support your trade agenda,” Yunus told Trump, according to the statement.
(Excerpt) Read more at breitbart.com ...
No problem. The U.S. has a lot of inventory stocked in Goodwill and Salvation Army stores all around the country.
that pushed the government in Dhaka to plead on Monday for a three-month pause to the levies.
“Textile and garment production accounts for about 80 percent of exports in Bangladesh and the industry has been rebuilding after it was hit hard in a student-led revolution that toppled the government last year.”
Sounds like a USAID operation, so I doubt Trump would care much if that government gets toppled.
Has Bangladesh come to the negotiating table, yet?
You’re absolutely right .... it DOES sound like a USAID operation.
“...the government in Dhaka to plead on Monday for a three-month pause to the levies.”.............
Bangladesh, Bangladesh
Where so many shirts, pants, and cotton dress
Tariffs make it a mess
Trump’s never seen such distress
So won’t you pack it, Stan, send the clothes to your land?
Relieve the people of Bangladesh...
(with apologies to Sitar Gaorge)
Plead away, Dhaka.
With the fine example of an uneducated Swedish female, we see "students" -- and that's what Taleban means also -- think they are so-o-o smart as to run whole economies.
Think of students and the adult version -- community organizers -- and their "revolutions." The world has had enough of Stupid thinking it is Smart.
Trump’s actions are the biggest change in global trade since WWII. There various degrees of disbelief and misunderstanding among traders and distributors who have spent their lives in the old system.
American importers may be delaying orders, because they hope/expect that its merely a “negotiating tool” or they are trying to figure out details.
They are wrong. Trump’s tariffs are here to stay.
Eventually it will sink in, and everyone will be forced to pay more, which will contribute to a brief rise in domestic inflation. Prices will then moderate afterwards as people settle-in to the new way of thinking.
implement its initiative to substantially increase US exports to Bangladesh”, the statement added.
Those products include “cotton, wheat, corn and soybean which will offer benefits to US farmers”, it read.
2) I have been to africa on a farmer to farmer program where we gave them a lot of corn and then used the money for “farmer development” that in my judgement made no difference. It was total crap corn, not much fit for even animal feed. We are going to have to step up quality on our end too.
This color-revolution was funded by USAID. It even included something like $50 million for a transgender political party.
Not until they actually lower their tariffs (and not just talk about it). Which I believe is what we're doing with Israel (last I heard, Trump is waiting for more than just Bibi to say they'll lower their tariffs, we need the Knesset to make it so).
According to https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514, Bangladesh applies a 74% tariff on American goods. Thus, the 37% we're now charging them is the usual half of what they charge us (usual in that it seems to be the algorithm for what we charge other countries).
No................
This makes me think of a chapter in PJ O’Rourke’s book “All the trouble in the World”.
The chapter was all about Bangladesh and its main product at the time Jute.
We have enough garments. I buy used from Goodwill. Most of the Amazon garments are polyester. I prefer cotton.
It boggles the mind that any American could be so stupid and blind to not see the wisdom in raising tariffs. Even some freepers are that stupid. And they post! And reproduce!
Maybe companies like Walmart will start to invest in American companies so they can sell the low cost “items” to Americans many of whom they have put out of work to begin with.
HELL NO
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