Due to the US counter -tariff understanding, many buyers have started to postpone the purchase, the garment sector entrepreneurs said. They say that some buyers have also started asking for prices. They believe that exports in the US market can be reduced to 5 percent due to the imposition of counter -tariffs by 5 percent.
The garment industry owners said this while inaugurating the office and web site in the BGMEA Election Alliance Forum in the Mohakhali DOHS area of ​​the capital on Tuesday (April 7th).
Forum panel leader Mahmud Hassan Khan Babu said, “Knowing what the United States wants, should be taken quickly.” Last March, the garment sector had high growth, but the front crisis. You have to strengthen their position with immediate diplomatic initiatives. It is doubtful whether the US decision can be changed without taking action here in the government-private initiative.
Former BGMEA president Dr. Rubana Haque said, “We have learned from the exporters that many buyers have begun to direct the ongoing purchase.” When the challenge of not getting the fair price of clothing is underway, they are demanding a new price to reduce the loss. It is important to keep an eye on what the real situation is.
Former BGMEA president Anisur Rahman Sinha said the government needs to know what the United States wants. In this unexpected tsunami, the export of clothing can be reduced by 20 to 5 percent.
Referring to the lower tariff rates of Pakistan and India, another former president of BGMEA Anwar-ul-Alam Chowdhury Parvez said the factory products that export large portions of goods to the United States will lose competition.
Forum Secretary General Dr. Rashid Ahmed Hossain said that such incidents have not happened in the last hundred years. Initiatives should be taken to reduce the tariff by increasing the import from the country. In order to sustain the economy, the export sector should not be harmed.
On April 2, US President Donald Trump announced a new tariff policy. He imposed 5 percent counter duty on Bangladeshi products. In the case of Trump's counter -tariff, the world has been in the world for several days.
