Pakistan-US Trade Tensions Ease Temporarily

Published on 4.13.25

  The recent delay in imposing tariffs by Washington has sparked a flurry of diplomatic activity between Pakistan and the US, with both sides seeking to strengthen their trade partnership. The move follows President Donald Trump's announcement of a 29% duty on Pakistani goods as part of a broader blitz against trade partners that roiled global markets. Pakistan is sending a high-level delegation to the US to negotiate new tariffs, led by Prime Minister Shehbaz Sharif and including prominent businessmen and exporters. This comes after PM Shehbaz met with senior officials, including Deputy PM Ishaq Dar and Foreign Minister Shah Mehmood Qureshi, who briefed him on the findings of the steering committee. The delegation's visit is seen as a significant development in Pakistan's efforts to strengthen its trade ties with the US. Experts have urged the government to focus on enhancing local business productivity and revamping the energy sector to mitigate the impact of these tariffs, which could reduce bank deposits and decrease the country's foreign exchange reserves.

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