BR100 Decreased By (-0.94%)
BR30 Decreased By (-0.94%)
KSE100 Decreased By (-0.78%)
KSE30 Decreased By (-0.89%)
AGHA 7.65 Decreased By ▼ -0.16 (-2.05%)
BECO 5.14 Decreased By ▼ -0.07 (-1.34%)
BML 57.30 Decreased By ▼ -0.20 (-0.35%)
BOP 33.97 Decreased By ▼ -0.06 (-0.18%)
CNERGY 9.95 Decreased By ▼ -0.01 (-0.1%)
CSIL 5.25 Decreased By ▼ -0.06 (-1.13%)
FCCL 53.47 Decreased By ▼ -1.23 (-2.25%)
FFL 16.57 Decreased By ▼ -0.12 (-0.72%)
FNEL 1.21 Decreased By ▼ -0.02 (-1.63%)
KEL 7.28 Decreased By ▼ -0.12 (-1.62%)
KOSM 5.86 Increased By ▲ 0.09 (1.56%)
LOTCHEM 29.10 Decreased By ▼ -0.22 (-0.75%)
MLCF 92.30 Decreased By ▼ -2.06 (-2.18%)
NBP 201.20 Decreased By ▼ -1.85 (-0.91%)
NCPL 56.97 Decreased By ▼ -0.03 (-0.05%)
NPL 66.75 Decreased By ▼ -0.95 (-1.4%)
OGDC 314.40 Decreased By ▼ -1.44 (-0.46%)
PACE 10.53 Decreased By ▼ -0.11 (-1.03%)
PAEL 42.13 Decreased By ▼ -1.07 (-2.48%)
PIBTL 16.48 Decreased By ▼ -0.26 (-1.55%)
PPL 217.46 Decreased By ▼ -2.32 (-1.06%)
PRL 50.70 Increased By ▲ 1.51 (3.07%)
PTC 69.76 Decreased By ▼ -0.77 (-1.09%)
SSGC 26.95 Decreased By ▼ -1.30 (-4.6%)
TBL 9.77 Decreased By ▼ -0.09 (-0.91%)
TELE 8.69 Decreased By ▼ -0.10 (-1.14%)
TPL 18.21 Decreased By ▼ -0.03 (-0.16%)
TPLP 13.42 Increased By ▲ 0.15 (1.13%)
TREET 22.56 Decreased By ▼ -0.16 (-0.7%)
TRG 59.71 Decreased By ▼ -0.43 (-0.71%)
Pakistan

Reciprocal tariff: Pakistan officials to meet Trump administration, Bloomberg reports

  • State Department spokesperson says she will attend the meeting
Published Updated
A State Department contractor adjusts Pakistan’s national flag before a meeting at the State Department in Washington on February 19, 2015. Photo: Reuters
A State Department contractor adjusts Pakistan’s national flag before a meeting at the State Department in Washington on February 19, 2015. Photo: Reuters

A Pakistani delegation will soon meet the administration of US President Donald Trump in a bid to reach an agreement on a trade deal, Bloomberg quoted US State Department Spokesperson Tammy Bruce as saying.

In a US Department of State press briefing a day ago, Bruce said she will attend the meeting between the Pakistani delegation and US officials.

Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar is currently visiting the United States to attend high-level signature events of Pakistan’s UN Security Council (UNSC) presidency in New York, as well as for important bilateral engagements in Washington, as per the Foreign Office (FO).

Islamabad is looking forward to the 29% reciprocal tariffs to be lifted that the Trump administration levied initially, Bloomberg said. The South Asian country has proposed to increase imports of soybeans and cotton, while it already is the second-largest buyer of US cotton by value, after China. Whereas, Pakistan’s biggest export destination is the United States.

Bilateral ties between Pakistan and US have improved in recent times, with Trump’s holding a rare meeting with Field Marshal Asim Munir at the White House.

The FO stated on July 19 that FM Dar’s visit is an indication of Pakistan’s increasing importance in both its relations with the US and the global landscape.

Aurangzeb meets US Secy Commerce

Moreover, in order to complete a trade agreement, Finance Minister Muhammad Aurangzeb has also visited the United States and met with US Secretary of Commerce Howard Lutnick and US Trade Representative Jamieson Greer in Washington recently to advance economic cooperation, as per the Ministry of Finance.

Reuters last week reported that the negotiations, focused on reciprocal tariffs, are part of a broader push to reset economic ties at a time of shifting geopolitical alignments and Pakistan’s efforts to avoid steep US duties on exports.

Comments

Comments are closed for this article.

ADNAN YAQOOB Jul 24, 2025 07:16pm
S.O.S
0