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US President Donald Trump signed an executive order revising tariffs, reducing the duty on Pakistani goods from 29 per cent to 19 per cent.
File photos of Donald Trump/Shehbaz Sharif (AP)
As US President Donald Trump signed an executive order revising tariffs on multiple countries, he announced a 19 per cent tariff on Pakistani goods on Friday.
Earlier, Pakistan had been subjected to a steep 29 per cent duty. However, the final list released showed the country’s tariff rate lowered to 19 per cent.
This came as the White House released an expansive list of duties that Washington will impose on exports from countries around the world, including a 25 per cent tariff on India.
The new rates will come into effect beginning August 7.
Vani Mehrotra is the Deputy News Editor at News18.com. She has nearly 10 years of experience in both national and international news and has previously worked on multiple desks.
Vani Mehrotra is the Deputy News Editor at News18.com. She has nearly 10 years of experience in both national and international news and has previously worked on multiple desks.
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