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Trump imposes 29% tariff on Pakistan as part of new trade policy

US President Donald Trump announced a 29% tariff on Pakistan, citing its 58% tariff on US goods.
The escalation in tariffs includes a baseline 10% on all imports and could significantly reduce Pakistan's export competitiveness, particularly in textiles.
Pakistan's Prime Minister formed a 12-member steering committee to address challenges posed by the new tariffs.
The new tariffs are expected to provoke retaliation from Pakistan and impact global trade, with warnings of rising consumer prices and potential job losses in export-driven industries.

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Lean Right

PM Shehbaz forms committee to deal with US reciprocal tariffs

Prime Minister Shehbaz Sharif addresses 23rd Shanghai Cooperation Organisation Summit, hosted virtually by India, July 4, 2023. — ReutersFollowing the imposition of reciprocal tariffs by United States President Donald Trump on Pakistani goods, Prime Minister Shehbaz Sharif on Friday formed...

3 hours ago·Pakistan

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Dawn

Lean Left

Economists see hurdles and opportunities for Pakistan as US imposes 29pc tariff on country

Analyst says Pakistan would have to offset the immediate negative impact, make its exports competitive as compared to other tariff-hit countries.

2 days ago·Pakistan

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The Express Tribune

Center

Trump imposes 29% tariff on Pakistan as part of new trade policy

The US remains one of Pakistan’s largest trading partners

2 days ago·Pakistan

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Geo News

Lean Right

Trump imposes 29% tariff on Pakistan, signs reciprocal tariff executive order

Trump says Pakistan charges 58% tariff on US products.Trump order closes loophole used for duty-free shipping from China.Dubs reciprocal tariffs order as 'declaration of independence'.

2 days ago

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Daily News Update

USTR report links Pakistan's internet restrictions, Peca law to trade barriers - Daily news Update

Representational image of containers placed at a port. — Reuters/File The United States Trade Representative (USTR) has released its annual report on foreign trade barriers, listing Pakistan’s trade and investment policies, internet restrictions, and corruption, among other issues disrupting commercial operations. The Office of the USTR issued the 2025 National Trade Estimate Report (NTE) two days before the Trump administration rolled out recip…

3 hours ago

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Pakistan Live News

Can Pakistan Outplay The US Tariff Game? - Pakistan Live News

Imagine a high-stakes match of chess where one sloppy move sends the entire game off balance. That’s precisely what happened when US President Donald Trump imposed a staggering 29% tariff on imports from Pakistan — one of the sharpest economic strikes in recent history. This unprecedented levy, part of the most aggressive US trade policies in a century, has rattled global markets and put emerging economies on edge. For Pakistan, whose textile in…

4 hours ago

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