The IMF has approved a landmark change in Pakistan’s vehicle import policy, allowing five-year-old vehicles for commercial import from September 2025. Alongside this, significant reforms in customs duties and public …
trade policy
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Business
PM Rejects Sales Tax Exemption for Exporters Amid IMF Concerns
by Umar Sohailby Umar SohailPM Shehbaz Sharif has rejected a proposal to waive the 18% sales tax on local supplies for exporters, citing IMF concerns. The decision has been sent back for further consultation.
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The European Union has temporarily suspended its counter-tariffs on US goods following President Trump’s unexpected decision to pause a wave of new trade duties. While negotiations open, uncertainty looms over …
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President Donald Trump’s new tariffs on imports, including a 10% baseline tariff, mark the beginning of a sweeping trade policy overhaul. The move has already rattled global stock markets, while …
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Others
“US Imposes Steep Tariffs on Mexico, Canada, and China, Stoking Economic Tensions”
by Web Deskby Web DeskIn a move that could shake global economies, US President Donald Trump has imposed significant tariffs on imports from Mexico, Canada, and China. The tariffs are linked to a national …