US President Donald Trump has signed an Executive Order revising reciprocal tariff rates for several countries, including Pakistan, as part of efforts to tackle the country’s growing trade deficits. A White House statement said the move aims to ensure fair and balanced trade that benefits American workers and strengthens the nation’s industrial base.
As a result, Pakistan will now face a 19% tariff—lower than India’s 25%—a shift attributed to recent high-level engagements between Pakistani and US officials, including meetings involving Field Marshal Asim Munir and Deputy PM Ishaq Dar.
This development follows a major US-Pakistan agreement to jointly explore Pakistan’s vast oil reserves. Trump confirmed an American oil company will be selected to lead the project, with hopes the collaboration could reshape regional energy ties. He even suggested that Pakistan might one day export oil to India, which currently faces US pressure over Russian energy imports.
The deal was finalized after talks between Pakistani Finance Minister Muhammad Aurangzeb and US trade representatives. It aims to expand bilateral trade, lower tariffs, and attract US investment in Pakistan’s energy and infrastructure sectors, with future cooperation expected in minerals, tech, and cryptocurrencies.
Additionally, effective April 9, Trump imposed a 10% tariff on all countries, with higher rates for those with significant trade imbalances with the US.
Read more: Pakistan Proposes Zero-Tariff Trade Agreement with the US
