WASHINGTON – In a significant development for bilateral trade, U.S. President Donald Trump has announced that Pakistan will face a reduced tariff rate of 19% on its exports to the United States, down from the previously proposed 29%.
(more…)Tag: Tariff Line
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China Urges US to Abandon Reciprocal Tariffs
Beijing, April 13, 2025 – China’s Ministry of Commerce has called on the United States to completely cancel its policy of reciprocal tariffs and return to a cooperative framework based on mutual respect and equal dialogue.
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Chinese Smartphones, Laptops Get U.S. Tariff Exemption
In a significant shift in trade policy, the U.S. Customs and Border Protection announced late Friday that smartphones, computers, and other key electronic devices imported from China will be exempted from the country’s previously imposed “reciprocal tariffs.”
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China Raises Customs Tariffs to 125% on U.S. Goods
BEIJING, China, April 11, 2025 – In a strong response to escalating trade tensions, China announced on Friday that it will increase additional customs tariffs on a wide range of U.S. imports to a staggering 125%, effective Saturday.
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China Stands Firm Against US Trade, Tariff Threats: Spokesperson
China has reiterated its stance that while it does not seek confrontation, it will not back down if a trade and tariff war is forced upon it. Chinese Foreign Ministry spokesperson Lin Jian made these remarks during a press briefing on Thursday, responding to U.S. President Donald Trump’s renewed threat to impose additional tariffs on Chinese imports.
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ICMA Evaluates U.S. Tariffs’ Impact on Pakistan’s Exports
Karachi, April 10, 2025 – The Institute of Cost and Management Accountants of Pakistan (ICMA) has released a comprehensive report analyzing the implications of the newly imposed 29% reciprocal tariff by the United States on Pakistan’s exports, with a particular focus on the textile industry.
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Trump Ignites Potential Trade War Through Tariff Imposition
US President Donald Trump has ignited a potential global trade war by imposing sweeping 10 percent tariffs on imports from around the world, along with significantly higher levies on key trading partners.
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List of 1,208 banned tariff lines for import from India
KARACHI: Following is the list of items not importable from India under Import Policy Order 2016 as issued by minister of commerce.
The items cannot be imported under Appendix-G of Import Policy Order 2016.
Following is the list including Serial Number, PCT Code and Description