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Bangladesh rushes to finalise US trade deal after India secures lower tariffs

Bangladesh is accelerating talks with the US to finalise a trade agreement after India secured lower tariffs, raising concerns over export competitiveness and transparency.

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Bangladesh is moving quickly to finalise a trade agreement with the United States after India concluded a deal with Washington that lowered tariffs on Indian goods to 18 per cent. The development has triggered concern in Dhaka that Bangladesh could lose market share in the US if it fails to secure comparable or better terms.

The US and Bangladesh are expected to sign the agreement on February 9, just three days before the country’s national election scheduled for February 12. The timing and lack of transparency surrounding the deal have drawn criticism from economists, business leaders and political observers.

Bangladesh’s economy is heavily dependent on ready-made garment exports, which account for nearly 90 per cent of its exports to the US. Any tariff disadvantage compared to India could significantly impact export orders and employment in the sector.

Tariff cuts under negotiation

The proposed agreement follows a series of tariff revisions imposed by Washington. In April 2025, the US imposed a steep 37 per cent tariff on Bangladeshi goods. This was reduced to 35 per cent in July and further lowered to 20 per cent in August.

According to reports, the upcoming deal is expected to bring tariffs down further to around 15 per cent. Officials see this as critical to keeping Bangladeshi exports competitive against Indian products in the US market.

Secrecy around negotiations raises concerns

Concerns have intensified due to the confidential nature of the negotiations. In mid-2025, the interim government led by Muhammad Yunus signed a formal non-disclosure agreement with the US, committing to keep tariff and trade discussions confidential.

No draft of the agreement has been shared with the public, parliament or industry stakeholders. A commerce adviser had earlier stated that the deal would not go against national interests and could be made public with US consent.

Policy experts, however, argue that the lack of disclosure prevents meaningful debate on the agreement’s long-term implications.

Conditions reportedly linked to the deal

Media reports suggest that the agreement may include several conditions. These include reducing imports from China, increasing military procurement from the US, and allowing American goods easier access to the Bangladeshi market.

It is also reported that Bangladesh may be required to accept US standards and certifications without additional scrutiny. Inspections on US vehicle imports and parts could reportedly be eased to facilitate smoother entry into the local market.

A senior policy analyst described the process as opaque, noting that signing the agreement just days before elections could bind the hands of the next elected government.

Garment industry left in the dark

Bangladesh exports garments and textiles worth between $7 billion and $8.4 billion annually to the US, accounting for nearly 96 per cent of its total exports to the American market. In comparison, Bangladesh imports around $2 billion worth of goods from the US.

With India and Bangladesh exporting similar apparel products, lower tariffs for India could shift US buyers towards Indian suppliers. Industry leaders warn that this could put millions of jobs at risk in Bangladesh’s garment sector, which employs 4 to 5 million workers, most of them women.

The sector contributes over 80 per cent of Bangladesh’s export earnings and nearly 20 per cent of its GDP.

A senior garment exporters’ association official said the agreement carries major implications and should ideally have been signed after the election to allow broader political and public discussion.

Political timing draws criticism

Economists and analysts have also questioned why an unelected interim administration is finalising a major trade agreement so close to national elections. They argue that responsibility for implementing the deal will fall on the incoming elected government.

A prominent economist criticised the process as lacking transparency and warned that the country could be pushed into long-term commitments without adequate scrutiny or public consent.

Meanwhile, US diplomats have indicated openness to engaging with various political forces in Bangladesh, including Jamaat-e-Islami, which has been banned multiple times in the country’s history.

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Netanyahu dismisses death rumours in video with US envoy, says I’m alive

Israel PM Benjamin Netanyahu has denied viral claims about his death, appearing in a video with US envoy Mike Huckabee and mocking online conspiracy theories.

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PM Benjamin Netanyahu

Israeli Prime Minister appears alongside US envoy, addresses conspiracy theories and ongoing conflict remarks

Israel’s Prime Minister Benjamin Netanyahu has publicly dismissed viral rumours about his death, appearing in a fresh video alongside US Ambassador to Israel Mike Huckabee.

The video surfaced after days of speculation online, where misleading posts questioned his absence and circulated claims about altered footage showing him with “six fingers.”

In the clip, Huckabee jokes that US President Donald Trump had asked him to personally check on Netanyahu. Responding with humour, Netanyahu says, “Yes, Mike. Yes, I’m alive.”

Rumours and online claims gain traction

Speculation had intensified across social media as tensions escalated between Israel and Iran.

Some posts claimed Netanyahu had not been seen publicly, while others pointed to a previous video where his hand appeared unusual, fuelling conspiracy theories about manipulated or AI-generated footage.

Remarks on iran conflict

During the interaction, Netanyahu also made comments referencing Israeli strikes, mentioning Iranian figures including Ali Larijani and Basij commander Gholamreza Soleimani.

Using a metaphorical tone, he spoke about “erasing names” from a list, while praising US support and reiterating Israel’s stance against Iran’s nuclear ambitions.

Huckabee responded in a lighter tone, joking that his own name was not on the list, to which Netanyahu replied that he was among the “good guys.”

Earlier video mocked conspiracy

Before releasing this clip, Netanyahu had already addressed the rumours in another video posted online. Sitting at a café, he joked about being “dead for coffee,” using a phrase implying strong liking.

He also directly responded to the “six fingers” claim by showing both hands to the camera and inviting viewers to count his fingers.

The videos appear aimed at countering misinformation circulating online as geopolitical tensions continue in the region.

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US strikes Iranian missile sites near Hormuz with 5,000-pound bunker buster bombs

US forces hit Iranian missile positions near the Strait of Hormuz using deep penetrator bombs to counter threats to global shipping.

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In a major escalation aimed at restoring maritime movement, the United States has carried out airstrikes on Iranian missile positions near the Strait of Hormuz using powerful deep-penetration bombs.

The US military confirmed that multiple 5,000-pound bunker buster munitions were used to target hardened missile infrastructure along Iran’s coastline. According to an official statement, the sites housed anti-ship cruise missiles that posed a significant threat to international shipping in the strategic waterway.

The strikes mark the first major US military action to reopen the Strait of Hormuz after Iran reportedly shut it down in response to the ongoing conflict involving the United States and Israel.

Strait disruption triggers global concern

The Strait of Hormuz is a critical global النفط transit route, with nearly one-fifth of the world’s oil supply passing through it. Its closure has severely disrupted shipping activity and triggered a sharp rise in global energy prices.

The US action appears to be aimed at neutralising immediate threats to vessels and restoring safe passage through the region.

Allies reluctant to back US move

The development comes amid reports that several US allies, including NATO members, have declined calls from President Donald Trump to support efforts to secure the strait.

Expressing frustration, Trump criticised allies for not contributing even limited resources such as minesweepers, despite longstanding US support to NATO. He maintained that preventing Iran from acquiring nuclear weapons remains a priority for global security.

However, Iran has consistently denied pursuing nuclear weapons, stating that its nuclear programme is intended solely for peaceful purposes, including energy production.

Use of bunker buster bombs

The bombs used in the operation are designed to destroy fortified or deeply buried targets. These 5,000-pound munitions, often referred to as bunker busters, are capable of penetrating hardened structures before detonation.

While powerful, they are smaller compared to the 30,000-pound bombs reportedly used by the US in previous strikes on Iranian nuclear facilities.

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Top US counterterrorism official resigns over Iran war, cites conscience

Joseph Kent steps down as US counterterrorism chief, questioning the justification for the Iran war and citing moral concerns.

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Trump official resigns

A senior US national security official has stepped down in protest against the ongoing war with Iran, citing moral concerns and disagreement with the administration’s decision.

Joseph Kent, who headed the National Counterterrorism Center, resigned from his post, stating he could not support the conflict “in good conscience.” In his resignation letter, Kent argued that Iran did not pose an “imminent threat” to the United States.

He also alleged that external pressure, particularly from Israel and influential pro-war voices, played a role in shaping the decision to enter the conflict under President Donald Trump.

“I cannot in good conscience support the ongoing war in Iran,” Kent wrote, adding that the US had been drawn into the conflict despite a lack of direct threat.

Kent further claimed that a “misinformation campaign” by senior Israeli officials and sections of the American media contributed to building support for military action. According to him, this created an “echo chamber” that influenced the president’s perception of Iran as an immediate danger.

In his letter, Kent said that until mid-2025, Trump had acknowledged that prolonged wars in the Middle East had drained US resources and cost lives. However, he suggested that this position shifted under sustained pressure and messaging.

He urged the president to reconsider the course of action, warning that the conflict could push the country toward instability. “You can reverse course and chart a new path for our nation, or allow us to slip further toward decline and chaos,” he wrote.

Kent’s resignation marks the first high-level departure from the administration directly linked to the Iran war.

As head of the National Counterterrorism Center, Kent was responsible for analysing and monitoring terrorist threats. His tenure, however, had been controversial. He was confirmed to the role last year by a narrow Senate vote, facing strong opposition from Democrats over his past associations.

Critics had raised concerns about his links to far-right figures and his stance on conspiracy theories. During his earlier political campaign, Kent had professional associations with individuals connected to extremist groups, which became a point of contention during his confirmation hearings.

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