US President Donald Trump announced on Wednesday the imposition of reciprocal tariffs on multiple countries, including a 29% tariff on Pakistani goods.
Trump defended the decision, saying it was necessary to correct longstanding trade imbalances and what he considered unfair treatment of American products in foreign markets.
He has long advocated for reshaping international trade agreements, claiming that high tariffs imposed by other countries have unfairly subsidised their economies at the expense of the US.
Trump explained that Pakistan has been charging the US a 58% tariff on American goods, which prompted the US to impose a 29% tariff on Pakistani products.
The US remains one of Pakistan’s largest trading partners, with bilateral trade valued at $7.3 billion in 2024. US exports to Pakistan grew by 4.4% to $2.1 billion, while imports from Pakistan increased by 4.9%, totalling $5.1 billion.
Trump criticised the practice of subsidising foreign economies, stating that the US had long been helping other nations, and urged countries to be more self-reliant.
He concluded by reaffirming his “America First” stance, describing trade deficits as a “national emergency.” The new tariff rates range from 10% to 49% for various countries, with the US imposing rates that are typically about half of what other nations charge, although in some cases, the rates are identical.
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