April 7, 2025—Lahore: President Donald Trump’s move to impose a 29% tariff on Pakistani imports. It is stated that Islamabad imposes a 58% tariff on U.S. goods. The U.S. administration also targets other 180 countries and regions with tariffs to address what it considers to be unfair trade practices by them.

Including Pakistan, 180 Countries Face New U.S. Tariffs

The new U.S. trade policy proposes different tariffs for nations: India was given 26% of the items, China 34%, the European Union 20%, and countries like Saudi Arabia, Qatar, and Afghanistan 10% levies. In addition, Bangladesh would be hit with a 37% tariff, Japan 24%, Israel 17%, and the United Kingdom 10%. An additional 25% tax rate is now imposed on imported cars. ​

The companies reacting to these tariffs led to significant fluctuations in the world financial markets. The Pakistan Stock Exchange experienced a sharp decrease in stock prices as the benchmark index fell by over 5%, which eventually stopped trading temporarily. The decrease in stock prices is in line with the rest of the global markets, which were also affected by the U.S. situation.

Pakistani officials, in reaction to these tariffs, have expressed concern about the effect it will have on the nation’s economy and particularly its export sectors. The government is taking action through diplomatic means to obtain relief from these taxes or to accept them, thereby highlighting the need to maintain good relations with the United States in trade.

Due to the increasingly complex trade environment worldwide, Pakistan is faced with the challenge of reducing the negative impact of the tariffs. The strategies could take the form of expanding markets it sells to, improving its competitiveness across the region or the world, and the formation of regional trade pacts to reduce reliance on any single market.

This development exemplifies the complexity that comes with international trade relationships and the need for countries such as Pakistan to deal with these difficulties through cautious foreign policy and financial strength.