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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Muhammad Yunus speaks emphatically at podium during farewell address, Bangladesh flag and regional map in background.
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Muhammad Yunus emphasizes Bangladesh's sovereignty in farewell address

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Bangladesh's interim chief Muhammad Yunus stated in his farewell address on February 16, 2026, that the country is no longer a nation with a submissive foreign policy. He proposed regional cooperation involving Nepal, Bhutan, and India's northeastern states but did not directly name India. The address came a day before the swearing-in of a new government led by BNP leader Tarique Rahman.

Tarique Rahman was sworn in as Bangladesh's prime minister after the February 12 elections, where his BNP party won 212 seats. This development offers India a chance to recalibrate ties with Dhaka amid past tensions. Indian officials have shown outreach by attending key events.

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Former Bangladesh Prime Minister Sheikh Hasina said in her interview that the country is sliding into chaos under the interim government led by Muhammad Yunus, due to unchecked violence, rising extremism, and worsening ties with India.

The U.S. and India are close to finalizing an interim trade deal, but gaps persist over pulses and the pacing of tariff reductions. “We’re not that far off from finalizing the interim trade deal, but some gaps remain,” a U.S. official told The Hindu. Washington officials are now addressing details following a Supreme Court ruling.

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台湾当局将美国降低对台关税至15%的协议称为“本垒打”,但反对党警告此举可能掏空岛内半导体产业,北京则斥之为经济剥削阴谋。台湾承诺在美国投资高达5000亿美元,以换取关税减让,此安排引发对产业基础流失的担忧。

 

 

 

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