Dhaka. The Asian Development Bank (ADB) has warned that bangladesh’s economy could be severely impacted by the new tariffs imposed by the US.

According to the Asian Economic Outlook released by the Manila-based multilateral financial institution, Bangladesh’s economic growth rate has been reduced from July 2025 to June 2026.

The main reason for the decline in growth rate is the slowdown in exports and industry and the possible impact of US customs duties. Earlier, in April this year, ADB had announced the economic growth of Bangladesh at 5. It was estimated to be 1 percent. However, now the US government has announced a 35 percent customs duty on goods coming from Bangladesh from July 1.

According to trade analysts, after this decision, Bangladesh will be weaker than its competitors in the US market. In particular, sewn fabric materials will be the most affected.

These finished garments account for more than 80 percent of Bangladesh’s total export earnings, employing more than four million citizens. ADB warned that if these tariffs are implemented, bangladesh’s employment, exports and overall economy will be severely affected.