Washington/Islamabad: The recent International Monetary Fund (IMF) and World Bank Spring Meetings in Washington concluded without providing much clarity on the future of the US tariff regime, leaving global financial …
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Govt Eyes Gwadar as Hub for Chinese Industry Relocation
by Umar Sohailby Umar SohailISLAMABAD: In response to the ongoing US-China trade conflict, Pakistan is actively positioning Gwadar as a strategic destination for the relocation of Chinese industries. With the imposition of high tariffs …
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Trade Wars: Trump Signals Lowering of China Tariffs
by Umar Sohailby Umar SohailWashington/Islamabad: President Donald Trump reassured markets that he had no plans to fire Jerome Powell, the chair of the United States Federal Reserve, and indicated a significant reduction in tariffs …
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Pakistan Minerals to Address Trade Imbalance with US: Aurangzeb
by Umar Sohailby Umar SohailWashington/Islamabad – Pakistan’s Finance Minister, Muhammad Aurangzeb, has stated that the country’s abundant mineral resources could play a crucial role in addressing the existing trade imbalance with the United States. …
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Pakistan Seeks Enhanced Imports and Investment from US, Finance Minister
by Umar Sohailby Umar SohailIslamabad/Washington: Pakistan is actively working to increase its imports from the United States, particularly in commodities like cotton and soybean, while seeking to remove non-tariff barriers that have affected trade …
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Islamabad: In a move aimed at balancing its trade relationship with the United States and potentially mitigating newly imposed tariffs, Pakistan is actively considering importing crude oil from the US …
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Lahore, April 15: Honda is preparing to significantly restructure its North American manufacturing footprint in response to newly imposed U.S. auto tariffs. According to a report by Nikkei, the Japanese …
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Tariffs: Pakistan Rules Out Retaliation, Says Finance Minister
by Umar Sohailby Umar SohailIslamabad: Finance Minister Muhammad Aurangzeb has made it clear that Pakistan will not take retaliatory action in response to the recent tariffs announced by former US President Donald Trump. Speaking …
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In a pivotal diplomatic move, U.S. President Donald Trump’s special envoy Steve Witkoff met Russian President Vladimir Putin in St. Petersburg to discuss a potential ceasefire in Ukraine. Amid rising …
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China Imposes Back 125% Tariffs on US Goods, No Further Hike
by Umar Sohailby Umar SohailIslamabad, April 11: The ongoing trade tensions between the United States and China escalated further as Beijing announced on Friday that it would raise tariffs on American goods to 125 …