US President Donald Trump has announced the closure of all US projects in Bangladesh. Outrage in Bangladesh

US President Donald Trump on Sunday (January 26) gave a big blow to Bangladesh. They decided to stop all assistance to Bangladesh. At the same time, USAID has said to stop all its projects in Bangladesh. This move of the US is a big blow to Bangladesh. The country's economy has been faltering since the coup. People are facing unemployment. What will be the impact on Bangladesh?The US has invested heavily in Bangladesh. According to the report, the total US foreign direct investment (FDI) in Bangladesh as of 2020 was about $3 billion. American companies are major investors in Bangladesh's textile, energy, agriculture, and information technology sectors. The US has also invested heavily in Bangladesh's garment industry. Bangladesh is the second largest garment exporter in the world. The US is one of its biggest markets. About 20% of Bangladesh's textile exports were to the US in 2020. In such a situation, if exports to the US are reduced, millions of workers may lose their jobs. This will have a negative impact on Bangladesh's job market. Questions will also be raised about energy and foreign investors. The US also provides technical and research assistance to Bangladesh. The US has helped Bangladesh move towards sustainable energy sources in the energy sector. In such a situation, if the investment is less, the energy crisis can also increase here. With the retreat of the United States, foreign investors may also be less here now. There may be many apprehensions about the investment climate now. At the same time, the government of Bangladesh may also have to face a shortage in foreign exchange reserves as Bangladesh receives dollars from the investment of American companies. This will create more problems for Bangladesh.