Decoding the New Section 301 Tariff Rules
New tariffs introduce a complex web of country-specific exemptions and HTS classifications that could significantly increase compliance work for sourcing
TARIFF TRACKING
/ Zero-duty access creates opportunity, but quotas, US-input requirements and compliance risks will shape who benefits.
Bangladesh apparel exports have achieved what many thought was impossible – duty-free entry to the US.
Earlier this month Washington shaved 1% off the reciprocal tariffs on Bangladesh imports, but cut them to zero, if the garments are made using materials imported from the US.
The trade deal is a big win for both Bangladesh and US brands.
However taking a closer look at the terms of the deal, there are qualifying conditions that need to be met – and meeting them could be challenging.
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