Bangladesh garment exports fall
Bangladesh’s garment exports dropped by 11.92 percent in the April–June quarter of the 2024–25 fiscal year, totaling $9.11 billion, according to the latest Bangladesh Bank data. Despite the quarterly decline, earnings were still 3.15 percent higher compared to the same period last year. The central bank attributed the slowdown to several challenges. Chief among them was the United States’ announcement of a 35 percent countervailing duty on Bangladeshi apparel.

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