Yunus administration rushes secretive US tariff deal before Bangladesh election

Bangladesh's interim government under Muhammad Yunus is set to sign a tariff deal with the United States, hidden behind a non-disclosure agreement. This secretive move has raised concerns among textile exporters and business leaders. Questions arise over the legality of the unelected regime finalizing such agreements just weeks before potential elections.

The interim administration in Bangladesh, led by Muhammad Yunus, is preparing to ink a tariff agreement with the US, as reported by India Today on February 5, 2026. This deal, affecting the vital garment and textile sector, is bound by a non-disclosure agreement that obscures key details from the public and stakeholders.

Bangladeshi business leaders, particularly in the readymade garment industry, express worry over the lack of transparency. The secrecy surrounding the agreement's terms has fueled anxiety about its potential impact on exports, a cornerstone of Bangladesh's economy.

A larger concern is the timing and authority of the unelected Yunus regime to commit to international pacts. With elections slated for 2026 and a new government possibly taking office in weeks, critics question whether such binding decisions are legally permissible. The report highlights the tension between the interim setup's actions and the impending democratic transition.

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United States Trade Representative Jamieson Greer said the administration is pursuing new tariffs through ongoing investigations into unfair trading practices across more than 70 countries. The move follows Supreme Court and court rulings that blocked earlier broad tariff powers.

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Finance Minister Koo Yun-cheol said Monday that South Korea will use its economic cooperation networks from summit diplomacy to manage global trade uncertainties including Middle East tensions.

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