-2.9 C
Ottawa
Tuesday, December 16, 2025

Bangladesh Orders 25 Boeing Planes as Part of Push to Ease US Tariffs

Date:

Bangladesh Orders 25 Boeing Planes as Part of Push to Ease US Tariffs

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.

About the author: Reuters
Tell us something about yourself.
spot_imgspot_imgspot_img

Share post:

More like this
Related

Trump Orders Blockage of Venezuela Oil Tankers, Says Maduro Regime a Terrorist Organization

The U.S. Navy’s Gerald R. Ford Carrier Strike Group,...

Ottawa, New Brunswick Sign Deal to Speed Up Major Project Assessments

Prime Minister Mark Carney meets with New Brunswick Premier...

Ukraine Security Guarantees Should Include Europe-Led Peacekeeping Force: European Leaders

Front row: Polish Prime Minister Donald Tusk (L), French...

Hegseth Says Video of Sept. 2 Boat Strike Will Be Released to Select Lawmakers

Republicans and Democrats in Congress are split on the...