US Imposes 19% Import Tariff on Pakistani Goods in Major Trade Policy Shift
In a significant development, the United States has introduced a 19% import tariff on goods from Pakistan, following a sweeping executive order signed by President Donald Trump. The move is part of Washington’s broader strategy to safeguard domestic industries and rebalance trade relations with dozens of nations.
🌍 Widening the Scope: Global Tariff Hike
Pakistan is not alone in facing the new wave of tariffs. The United States has rolled out new rates on a wide range of countries, including:
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Canada – 35%
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India – 25%
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Vietnam – 20%
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Turkey – 15%
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Bangladesh, Sri Lanka, Thailand – 20%
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Cambodia – 19%
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Switzerland – 39%
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Israel & Venezuela – 15%
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Iraq – 35%
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Libya – 30%
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Syria – 41%
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Laos & Myanmar – 40%
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Japan & South Korea – 15%
📊 How Does Pakistan Compare?
With a 19% tariff, Pakistan’s goods are still relatively competitive compared to regional players like India (25%) and Bangladesh (20%). This moderate rate is seen by some analysts as a strategic opportunity to reposition Pakistan’s export markets amid shifting global trade dynamics.
Country | Tariff Rate |
---|---|
Pakistan | 19% |
India | 25% |
Bangladesh | 20% |
Thailand | 19% |
Sri Lanka | 20% |
Switzerland | 39% |
Syria | 41% |
South Africa | 30% |
Nigeria | 15% |
South Korea | 15% |
🤝 Pakistan’s Response Awaited
As of now, the Government of Pakistan has not issued an official statement regarding the tariff hike. However, trade experts believe the move could have short-term impacts on key export sectors such as textiles, leather goods, and surgical instruments.
Despite the increased duty, some observers view this as a chance for Pakistan to diversify trade alliances and strengthen economic diplomacy amid a changing global trade landscape.