Shock, dismay and angst swept across India as businesses, policymakers and citizens digested US President Donald Trump's sharp remarks and a surprise 25% tariff rate earlier this week.

Bangladesh was given a 20 per cent tariff rate, from the previously declared 37% after hectic negotiations. The Yunus regime is happy that it is lower compared to its key apparel-sector competitors such as Sri Lanka,

Pakistan, which announced a deal with the US on Thursday, has received a 19% tariff rate, while Bangladesh's rate, which earlier stood at 35%, has been brought down to 20%. Pakistan was earlier hit with a 29% reciprocal tariff in April.