BML 4.81 Decreased By ▼ -0.10 (-2.04%)
BOP 12.74 Decreased By ▼ -0.32 (-2.45%)
CNERGY 7.01 Decreased By ▼ -0.11 (-1.54%)
CPHL 83.34 Decreased By ▼ -1.31 (-1.55%)
DCL 13.24 Decreased By ▼ -0.48 (-3.5%)
DGKC 171.80 Decreased By ▼ -1.54 (-0.89%)
FCCL 46.05 Decreased By ▼ -0.55 (-1.18%)
FFL 15.57 Decreased By ▼ -0.13 (-0.83%)
GCIL 26.58 Decreased By ▼ -0.09 (-0.34%)
HUBC 148.14 Decreased By ▼ -2.25 (-1.5%)
KEL 5.31 Increased By ▲ 0.04 (0.76%)
KOSM 6.24 Decreased By ▼ -0.16 (-2.5%)
LOTCHEM 20.67 Decreased By ▼ -0.09 (-0.43%)
MLCF 84.02 Decreased By ▼ -1.42 (-1.66%)
NBP 124.95 Decreased By ▼ -3.90 (-3.03%)
PAEL 40.96 Decreased By ▼ -1.09 (-2.59%)
PIAHCLA 21.84 Decreased By ▼ -0.32 (-1.44%)
PIBTL 10.14 Increased By ▲ 0.05 (0.5%)
POWER 14.00 Increased By ▲ 0.06 (0.43%)
PPL 163.05 Decreased By ▼ -0.91 (-0.56%)
PREMA 41.44 Decreased By ▼ -0.54 (-1.29%)
PRL 31.98 Decreased By ▼ -0.84 (-2.56%)
PTC 22.80 Decreased By ▼ -0.76 (-3.23%)
SNGP 115.12 Decreased By ▼ -2.85 (-2.42%)
SSGC 44.06 Decreased By ▼ -1.19 (-2.63%)
TELE 7.75 Decreased By ▼ -0.25 (-3.13%)
TPLP 9.90 Decreased By ▼ -0.22 (-2.17%)
TREET 23.48 Decreased By ▼ -0.49 (-2.04%)
TRG 55.84 Decreased By ▼ -1.17 (-2.05%)
WTL 1.49 Decreased By ▼ -0.03 (-1.97%)
BR100 14,134 Decreased By -4.9 (-0.03%)
BR30 39,571 Decreased By -563.9 (-1.4%)
KSE100 138,597 Decreased By -68.1 (-0.05%)
KSE30 42,341 Decreased By -12.3 (-0.03%)
Pakistan

Trump tariffs: Pakistan to send high-level delegation to US

  • Islamabad yet to finalise policy to counter 29% US tariff
Published April 9, 2025

The government has decided to send a high-level delegation to the United States (US) to promote trade relations and hold talks on reciprocal tariffs recently imposed by US President Donald Trump’s administration.

Prime Minister Shehbaz Sharif has tasked the delegation, which would also include prominent business figures and exporters, to work out a mutually beneficial course of action for the future, read a statement released by the Prime Minister’s Office (PMO) on Wednesday.

The development came during a review meeting held under the chairmanship of PM Shehbaz Sharif regarding the new tariffs imposed by the US in Islamabad.

“US-Pakistan trade relations span decades,” said PM Shehbaz, adding that the government is keen to further strengthen its trade partnership with the US.

Last week, Trump ignited a potentially ruinous trade war as he announced new tariffs on imports from around the world and harsh additional levies on key trading partners including 29% on Pakistan.

The US imposed significantly higher reciprocal tariffs on imports from many competitor countries compared to Pakistan: 34% on China, 37% on Bangladesh, 46% on Vietnam, and 49% on Cambodia.

During the meeting, the prime minister was presented with the report by the Steering Committee and Working Group on the new tariffs imposed by the US and the proposed future course of action.

The meeting was presented with various alternative courses of action.

The meeting was informed that the Pakistani Embassy in the US is in constant contact with the US government.

PM Shehbaz directed authorities to ensure the participation of prominent business figures and exporters while forming a delegation for negotiations with the US in this regard, the PMO said.

Comments

200 characters
A. Chak Apr 09, 2025 10:58pm
'High level delegation to reduce tariffs. They ar 'high ' alright.
thumb_up Recommended (0) reply Reply
Rebirth Apr 10, 2025 08:23am
If we dump 30 trillion into our economy to grow every sector, industry, city, village and street, in 1 year, our economy will be 6x smaller than the US as per the purchasing power parity calculation.
thumb_up Recommended (0) reply Reply