The US has imposed a 29% tariff on Pakistani-made products, which is estimated to affect Pakistani exports by $500 million to $700 million.
This move is part of a broader strategy involving tariffs on several countries, including China, Canada, Japan, and the European Union.
While it may introduce some uncertainty in the market, the situation opens opportunities for businesses to adapt and explore new strategies.
Pakistan, being a major exporter to the US, will continue to focus on strengthening trade relations and finding new avenues for growth.