Trump Imposes 29% Tariff on Pakistani Imports to Address Trade Imbalances
Global Trade Dynamics Shift as US Targets Pakistan with New Tariffs
Former US President Donald Trump implemented a 29% tariff on imports from Pakistan, citing Pakistan’s 58% tariff on US goods as the reason for the decision. This action was part of Trump’s larger strategy to tackle perceived trade imbalances and address unfair practices by other nations.
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The newly imposed tariffs are expected to have a significant impact on global trade dynamics, potentially triggering retaliatory measures from affected countries and reshaping international trade relations.
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