Bangladesh is reeling from a major economic setback after straining its critical ties with India, resulting in the closure of over 160 factories and the loss of more than 40,000 jobs. Muhammad Yunus’s controversial decisions and the suspension of India’s transshipment support have left Bangladesh’s garment industry, which powers 85% of its exports, in crisis. Export costs have skyrocketed, further compounded by Bangladesh’s limited port capacity and restrictions on Indian cotton imports, pushing the country’s global competitiveness into sharp decline.