Trump Reciprocal Tariff: One country pauper … Trump’s tariff war from above, poor Pakistan! – Donald Trump IMPOSE 29 Percent Tariff on Pakistan More Crisis for his economy see data tutd
US President Donald Trump has announced tariffs on more than 180 countries including Indo-Pakistan late night. The US has imposed less tariffs on India than China and Pakistan. 34% tariff has been announced on China, while 20% has already been imposed. In such a situation, the total tariff has been imposed on the total China. At the same time, 29 percent recipes have been imposed on Pakistan.
China charges 67% tariff from America while Pakistan charges 58% tariff from America. Earlier, America used to impose very little tariffs from these countries, but now this new tariff will show an impact on the economy of these countries, because imports will affect the earnings from imports.
This tariff will give a deep injury to Pakistan!
The tariff of Tariff Attack on Pakistan on Pakistan will look more, as this country is already going through troubles and trying to re -raise its economy. In such a situation, this tariff attack of Trump will give a deep injury to Pakistan, which will put a deep impact on his economy.
Trade between America and Pakistan
In the year 2024, America’s total Gowns trade with Pakistan was estimated at $ 7.3 billion. In 2024, US goods exports to Pakistan were $ 2.1 billion, which was 4.4 percent ($ 90.9 million) more than 2023. In 2024, US goods imports from Pakistan have been a total of $ 5.1 billion, which is 4.9 percent or 238.7 million dollars than 2023. The US goods trade deficit with Pakistan in 2024 was $ 3 billion, which increased by 5.2 percent or $ 147.9 million as compared to 2023.
Before the year 2024, Pakistan’s exports from America have decreased at the rate of 9.77% in five consecutive years. In such a situation, the announcement of 29% tariff from Donald Trump can affect Pakistan’s exports more.
What does Pakistan send to America?
Talking about those who send products to the United States to the United States, Pakistan is mainly worn clothes to the US, dress made in Pakistan, textile articles, woven clothes, warm clothes, cotton, leather, animal intestine, animal intestine, harness, travel goods, furniture, optical, photo, technical, medical equipment, plate, salt, salt, sulfur, rubber, rosar, boundary, bound, bog and lieu, Coffee-sugar and shoes send items like garter. This business is worth billions of dollars.
How much debt is on Pakistan?
Pakistan Economy has gone into the trough. There is a huge debt over the neighboring country. Pakistan has taken so much debt from countries like America, Saudi Arabia and China that it may take more than 100 years to repay. Pakistan has taken a loan of $ 6.15 billion from IMF to 12 September 2024 and Pakistan has become the fifth largest debtor in IMF.
Talking about the total debt on Pakistan, the foreign debt was US $ 73744.37 million from 2002 to 2024, which was at the highest level of US $ 133683.00 million in the third quarter of 2024. According to State Bank of Pakistan (SBP) Governor Jamil Ahmed, Pakistan’s total outstanding debt for FY 2025 is $ 26.2 billion.
It is worth noting that one Pakistan is going through such a huge debt and this tariff of Trump from above can create more crisis for Pakistan’s economy. Let us know that in the year 2024, Pakistan’s GDP is expected to be more than $ 375 billion. It may grow at 3.5%.
