Pakistan Hit With 19% Trump Tariffs Even After Oil, Trade Deals With US

17 hours ago

Last Updated:August 01, 2025, 11:22 IST

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)

File photos of Donald Trump/Shehbaz Sharif (AP)

As US President Donald Trump signed an executive order revising tariffs for 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.

Earlier, Trump had announced that the United States and Pakistan reached a trade agreement, which was expected to allow Washington to help develop Pakistan’s oil reserves and lower tariffs for the country.

“We have just concluded a deal with the country of Pakistan, whereby Pakistan and the United States will work together on developing their massive oil reserves," Trump wrote on his Truth Social platform.

“We are in the process of choosing the oil company that will lead this partnership," Trump added.

“Who knows, maybe they’ll be selling oil to India someday!" he mentioned in his post.

WHITE HOUSE’s REVISED TARIFF LIST

In the new executive order, Trump said that some trading partners have agreed to, or are on the verge of agreeing to, meaningful trade and security commitments with the United States, thus signalling their sincere intentions to permanently remedy trade barriers and to align with the United States on economic and national security matters.

“Other trading partners, despite having engaged in negotiations, have offered terms that, in my judgment, do not sufficiently address imbalances in our trading relationship or have failed to align sufficiently with the United States on economic and national-security matters," he said.

Trump further said in the order that there are also some trading partners that have failed to engage in negotiations with the United States or to take adequate steps to align sufficiently with the United States on economic and national security matters.

The tariff modifications shall be “effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12.01 am Eastern Daylight Time, seven days after the date of this order."

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Vani Mehrotra

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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August 01, 2025, 11:07 IST

News world Pakistan Hit With 19% Trump Tariffs Even After Oil, Trade Deals With US

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