Nepal Likely to Gain Competitive Edge from US Customs Policy Amid Higher Tariffs on Rivals
The policy, introduced by US President Donald Trump’s administration, imposes at least 10% tariff on all countries including Nepali goods that previously enjoyed zero tariffs. However, this rate remains significantly lower than the additional 37% tariff on Bangladeshi and Chinese goods and 26% on Indian goods. Among South Asian countries, Sri Lanka faces the highest tariff hike.