Donald Trump has announced new tariffs on several countries, including a 29% tariff on Pakistani goods.
He justified the move as a response to unfair trade practices that harm American businesses.

Reasons to impose Tariffs:

Trump claimed that his administration only imposed taxes on those countries that also charge a heavy tariff on US goods. Trump claims that Pakistan charges a 58% tariff on American goods. That is why the US is now imposing a 29% tariff on Pakistani products. The US is also targeting 40 other countries with tariffs ranging from 10% to 50%. The goal is to ensure fairer trade conditions for American businesses.

Trade between the US and Pakistan:

The trade between Pakistan and the US has reached $7.3 billion in 2024. It highlights the strong trading ties between the two countries. The export and import rates increased. The US exports to Pakistan reached $2.1 billion, and imports reached $5.1 billion.

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Trump’s criticism of foreign trade policies:

Trump blamed other countries for the rising tariffs on import and export goods. He claimed that the other countries imposed a high tariff on US goods. Due to this, the US faces unfair treatment by other countries. He also said that the US has always supported other countries to become self-reliant, but unfortunately, other countries are misusing the US’s leniency.

List of countries affected by the Tariffs:

The US has imposed reciprocal tariffs on a wide range of countries. The companies that are affected by the tariffs are China-34%, European Union-20%, Vietnam – 46%, Japan – 24%, India – 26%, South Korea – 25%, Pakistan – 29%, Sri Lanka – 44%, Malaysia – 24%, Brazil – 10%, United Kingdom – 10%, Bangladesh – 37%, South Africa – 30%, Thailand – 36%, Switzerland – 31%, Israel – 17%, Saudi Arabia – 10%, and United Arab Emirates – 10%. These tariffs vary based on each country’s trade policies toward the US.

The “America First” policy:

Trump concluded his announcement by emphasizing his “America First” stance. He described the US trade deficit as a “national emergency.” He defended the new tariffs and stated that the US is only imposing half of what some countries charge on American products. However, in some cases, the US tariffs match foreign tax rates.