Pakistan to offer US firms concessions on mining investment in tariff talks, says Minister
Pakistan plans to offer concessions to US companies to invest in its mining sector as part of negotiations with Washington over tariffs, its commerce minister told Reuters, as Islamabad seeks to capitalise on the Trump administration’s interest in boosting trade with South Asia. Pakistan faces a potential 29% tariff on exports to the United States due to a $3-billion trade surplus with the world's biggest economy, under tariffs announced by Washington last month on countries around the world. Tariffs were subsequently suspended for 90 days so negotiations could take place.
Pakistan plans to offer concessions to US companies to invest in its mining sector as part of negotiations with Washington over tariffs, its commerce minister told Reuters, as Islamabad seeks to capitalise on the Trump administration’s interest in boosting trade with South Asia.
Pakistan faces a potential 29% tariff on exports to the United States due to a $3-billion trade surplus with the world's biggest economy, under tariffs announced by Washington last month on countries around the world. Tariffs were subsequently suspended for 90 days so negotiations could take place.
