U.S. Slaps 19% Tariff on Pakistani Goods, Signs New Trade Deal

The United States has placed a 19 percent tariff on goods imported from Pakistan. The move marks a shift in trade relations. Alongside Pakistan, the U.S. announced tariffs of 20 percent on Bangladesh and 15 percent on Israel. The decision followed weeks of talks to avoid steeper penalties, as Pakistan initially faced a 29 percent rate.

Despite the tariff, both countries praised a recent trade agreement. The deal aims to boost cooperation in key sectors like energy, tech, and minerals. Pakistan’s finance minister said the goal is to build long-term trade and strategic ties. He added that reducing short-term tariffs was not the main focus.

Officials say the deal may help reduce U.S. duties on Pakistani exports. Pakistan currently has a $3 billion trade surplus with the U.S., driven mainly by textiles. Any changes in trade rules could affect Pakistan’s economy and job market. Still, officials remain hopeful about long-term benefits.

President Donald Trump also announced a joint plan to develop oil reserves in Pakistan. He shared the news on social media and said an oil company will be selected soon. This project signals a broader shift beyond traditional trade, highlighting deeper economic goals.

Trump’s move was part of a wider executive order affecting several countries. India now faces a 25 percent tariff, Taiwan 20 percent, and South Africa 30 percent. The White House said these steps aim to create fair and equal trade terms worldwide.

While the new tariff is a challenge for Pakistan’s exporters, leaders remain positive. They believe the agreement will bring new investments and innovation. The coming months will show how the deal impacts Pakistan’s global trade role.