Pakistani Team Arrives in US to Finalize Trade Deal With Donald Trump

A Pakistani delegation on Monday arrived in Washington to finalize a trade agreement with the United States government. The delegation is holding talks with US Trade Representative Jamieson Greer and senior officials from other departments. These discussions are expected to conclude this week, according to the Finance Ministry. These meetings will decide the future of reciprocal tariffs imposed by the Trump administration on Pakistan. Islamabad currently faces a 29 percent tariff on its exports to the US, despite maintaining a trade surplus of around $3 billion in 2024. To offset tariff pressures and address trade imbalances, Pakistan has offered to increase imports of American goods, including crude oil, and to expand investment opportunities for US firms, particularly in the mining sector. The US Export-Import Bank is also reviewing financing proposals worth $500 million to $1 billion for the Reko Diq project. Washington views finalising trade deals with Pakistan and India as a step toward regional stability.