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Overcoming a Bleak Tariff Situation

Summary by Dawn
Reciprocal US tariffs are altering the dynamics of global trade partnerships, making it critical for Pakistan to gauge the stakes and craft a multi-pronged policy response across time horizons. Over the first 10 months of FY25, Pakistan’s exports to the United States totalled $4.46 billion, while imports from the US were valued at $2.05bn. According to the World Trade Organisation (WTO) tariff profile, Pakistan levies a trade-weighted average ta…

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On July 7, US President Donald Trump sent letters to 14 countries to announce the reciprocal tax rates they will be subject to when exporting goods to the US.

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Apparel Resources broke the news in on Monday, July 7, 2025.
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