July 20, 2025
USDA signs Bangladesh wheat agreement ahead of tariff deadline
Special deals undermine universal tariff promise as political loyalty trumps trade rules
📈Trade🌍Foreign Policy💰Economy
Bangladesh Prime Minister Sheikh Hasina secured preferential wheat import agreements with the U.S. on July 20, 2025, locking in current prices before President Trump's August 1 universal tariff deadline.
Commerce Secretary Howard Lutnick confirmed the bilateral deal exempts Bangladesh from planned 10-20% baseline tariffs, undermining Trump's promise that all countries would pay equally.
Bangladesh secured preferential wheat import agreements with the U.S. on July 20, 2025, before Trump's August 1 universal tariff deadline
Commerce Secretary 
Howard Lutnick confirmed Bangladesh exemption from planned 10-20% baseline tariffs
The deal undermines Trump's promise that all countries would pay tariffs equally
American consumers will pay $312 more annually for wheat products due to global price spikes from trade uncertainty
Over 8,000 product categories face immediate 10-20% price increases after August 1 deadline
Traditional allies like Canada and Mexico face full tariff rates while politically favored nations get exemptions
Trump's favoritism economics rewards political support over free market principles
📈Trade🌍Foreign Policy💰Economy
People, bills, and sources
What You Can Do
1
Stock up on imported electronics, clothing, and household goods before August 1 price increases take effect
2
Call your representative at 202-224-3121 to oppose tariffs that economists predict will trigger recession
3
Buy winter clothes, electronics, and durable goods now while current inventory sells at old prices
4
Contact Senate Finance Committee at 202-224-4515 to demand equal tariff treatment for all trading partners
5
Join consumer advocacy groups like Consumer Federation of America to oppose regressive consumption taxes
6
Email president@whitehouse.gov to oppose discriminatory trade policies that favor political allies