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Bangladesh Scrambles to Avert Devastating 35% US Tariff
DHAKA DISTRICT, DHAKA DIVISION, JUL 20 – The five-year MoU locks in annual imports of 700,000 metric tons of U.S. wheat to support Bangladesh's food security and reduce its $6 billion trade deficit with the U.S.
- On July 20, 2025 in Dhaka, Bangladesh's Ministry of Food and U.S. Wheat Associates signed a MoU to import 700,000 tonnes of U.S. wheat annually for five years.
- Amid looming tariffs, Bangladesh struck the deal to secure relief, as Washington plans a 35% levy from August 1.
- Officials hope the pact will help narrow Bangladesh's US$6 billion trade deficit, diversify supplies as imports reach around 7 million tonnes annually from the Black Sea, and incorporate U.S. wheat for blending.
- At the signing ceremony, Ali Imam Majumder said the agreement ensures a steady supply of high-quality wheat and strengthens trade ties, while Joe Sowers said `This step reflects our willingness to build mutual trust and deepen economic cooperation with the United States`.
- Ahead of the last week of July talks, Bangladesh prepares for negotiations in Washington next week to seal a reciprocal tariff agreement before the new rates take effect.
17 Articles
17 Articles
New wheat trade deal expected to benefit North Dakota growers
DICKINSON — Southwest North Dakota wheat farmers could see expanded global demand following a new five-year trade agreement between the United States and Bangladesh for the annual purchase of 700,000 metric tons of U.S. wheat. The memorandum of understanding (MOU), signed July 20 in Dhaka, represents one of the most substantial international wheat commitments in recent years. It’s a welcome development for wheat-producing states like North Dakot…
Bangladesh Signs Deal with US to Import 7,00,000 Tonnes of Wheat Annually Ahead of Tariff Talks
Get latest articles and stories on World at LatestLY. A Memorandum of Understanding (MoU) was signed between Bangladesh and the United States on Sunday to import 7,00,000 tonnes of high-quality wheat annually from the United States at competitive prices for the next five years. World News | Bangladesh Signs Deal with US to Import 7,00,000 Tonnes of Wheat Annually Ahead of Tariff Talks.
Bangladesh signs deal with US to import 7,00,000 tonnes of wheat annually ahead of tariff talks - The Tribune
A Memorandum of Understanding (MoU) was signed between Bangladesh and the United States on Sunday to import 7,00,000 tonnes of high-quality wheat annually from the United States at competitive prices for the next five years.
Bangladesh to submit draft response on US tariff deal, US yet to confirm meeting date | Trade Data News Bangladesh
Despite Washington’s failure to confirm a date for the upcoming third-round negotiations, officials from Bangladesh’s commerce ministry say Dhaka is scheduled to submit its draft position paper to the Office of the United States Trade Representative (USTR) today in response to the US-proposed reciprocal tariff agreement. Commerce Secretary Mahbubur Rahman said on Monday that an […] The post Bangladesh to submit draft response on US tariff deal, …
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