Government is monitoring the new tariff situation in the US

Bangladesh has not received any new letters regarding the new tariff situation in the US. However, the government is monitoring the situation, said Commerce Minister Khandaker Abdul Muktadir.

He told reporters at the Secretariat on Wednesday (February 25) afternoon.

The Commerce Minister said that there are many processes in implementing the tariff agreement with the US. The issue of tariffs is now developing. The light in which the agreement was made is that a new situation has been created by the court ruling.

He also said that a non-disclosure agreement has been reached with the US on tariffs. The agreement is a sensitive issue. Earlier, there was a 19 percent country-specific tariff. Now, 10 percent is for all countries.

Regarding the country's market situation, the Commerce Minister said that the government controls the market by bringing some products from outside the country. And the market for those products is under control. The price of lemons was abnormal at the beginning of Ramadan, but the price of lemons decreased after three days.

The Commerce Minister said that the incident of the TCB truck is very sad. He said, such incidents should not happen. Those involved in truck sales in various places should be aware of this. Such unwanted incidents should not happen again. In addition, the Commerce Minister said that he will not promise but show action in stopping extortion.