The Boeing logo is displayed at the company’s factory, Sept. 24, 2024, in Renton, Wash. AP Photo/Lindsey Wasson, File
DHAKA—Bangladesh has ordered 25 aircraft from Boeing and ramped up imports of key American goods in an effort to defuse trade tensions and bring down the steep tariffs imposed by the Trump administration, a senior official said on Sunday.
The moves are part of a broader strategy to narrow a $6 billion U.S. trade deficit with Bangladesh and avoid a looming 35% tariff hike that has rattled the country’s export sector, especially the garments industry which risks losing competitiveness in one of its largest markets.
