CITI is monitoring US tariff developments, warning that potential zero reciprocal tariffs for Bangladesh could intensify competition in India’s largest export market.
The tariff gap has narrowed from 2 per cent to 1 per cent, a concern in a low-margin sector.
The proposed US–Bangladesh agreement may also hurt India’s cotton yarn exports to Bangladesh, increasing competitive pressure.
The tariff gap has narrowed from 2 per cent to 1 per cent, a concern in a low-margin sector.
The proposed US–Bangladesh agreement may also hurt India’s cotton yarn exports to Bangladesh, increasing competitive pressure.
