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Pakistan, US to Finalise Trade Deal Next Week

  • Pakistan and the United States will finalize trade negotiations on reciprocal tariffs by next week, according to the Finance Ministry's statement.
  • Both countries aim to strengthen bilateral trade relations and have agreed on a broader strategic partnership framework, as stated by the Finance Ministry.
  • Pakistan faces a potential 29% tariff on exports to the US due to a $3 billion trade surplus, following tariffs announced in April.
  • The discussions aim to strengthen bilateral trade relations and address concerns over potential 29% tariffs, as reported by the Finance Division.
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In a meaningful agreement reported by Ariba Shahid of Reuters, Pakistan and the United States have decided to close trade negotiations next week.This decision follows a meeting between Pakistan's Minister of Finance, Muhammad Aurangzeb, and the US Secretary of Commerce, Howard Lutnick.The main focus has been the revision of reciprocal tariffs, in an effort to improve economic relations between the two nations.Arances under the magnifying glassTh…

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globalnewspakistan broke the news in on Wednesday, June 25, 2025.
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