The Second Tariff War: A New Dawn for Bangladesh's Export Ambitions?
1 August 2025 "There is not a moment to lose!" These were my words on January 20, 2025, during a seminar on unlocking export potential hosted by the EPB. I made the case in no uncertain terms that the trade landscape under Trump 2.0 would be a new opportunity for Bangladesh 2.0. Just a few years ago, the first Trump tariff war against China became the defining trade story of a generation. While many watched from the sidelines, we in Bangladesh felt the ripple effects, seeing our potential gains siphoned off by competitors like Vietnam. The promise of a supply chain realignment, of a new "factory to the world," seemed to pass us by. Now, with a new wave of U.S. tariffs coming into force today, August 1, 2025, we find ourselves standing at a similar, yet more precarious, crossroads. The stakes are higher, but so is the potential. The question is no longer "what if?" but "what now?" This is not a moment for complacency. The tariffs imposed on our g...