Gokaldas Exports, other textile stocks zoom up to 8% as US slaps 35% tariff on Bangladesh
- Posted on July 8, 2025
- By Business News Today
- 1 Views
Gokaldas Exports, other textile stocks zoom up to 8% as US slaps 35% tariff on Bangladesh
The newly announced tariff, set to take effect on August 1, is slightly lower than the 37% rate initially proposed in April. Nevertheless, it remains well above the standard 10% baseline and is likely to affect Bangladeshs competitiveness in the global garment supply chain.
