WASHINGTON
\nPresident Donald Trump said Friday that representatives from Pakistan are coming to the United States next week as Islamabad seeks to make a deal on tariffs.
\nPakistan and the US formally kicked off negotiations on reciprocal tariffs, when Pakistani Finance Minister Muhammad Aurangzeb and Trump\u2019s Trade Representative, Jamieson Greer, began talks via a call on Friday, Khurram Schehzad, an adviser to the finance minister said on X.
\nPakistan is facing the prospect of a 29 percent tariff on its exports to the US due to a $3 billion trade surplus, under tariffs Washington announced last month on multiple countries. Tariffs were subsequently suspended for 90 days so negotiations could take place.
\nThe US is Pakistan\u2019s largest export destination and the new duties threatened to undermine Islamabad\u2019s fragile economic recovery.
\nSpeaking to reporters at Joint Base Andrews, outside Washington, Trump also warned he would not be willing to strike any trade deal with India or Pakistan if the two countries engage in military action.
\n\u201cAnd India, as you know, we\u2019re very close to making a deal with India. And I wouldn\u2019t have any interest in making a deal with either (Pakistan and India) if they were going to be at war with each other. I want that and I let them know,\u201d he added.
\nThe developments follow a recent military confrontation between Pakistan and India that followed New Delhi\u2019s allegations against Islamabad — without evidence — about a deadly attack in occupied Kashmir\u2019s resort of Pahalgam.
\nIndian Trade Minister Piyush Goyal recently visited Washington to advance negotiations, with both sides aiming to sign an interim agreement by early July.
\nIndia currently faces 26 percent tariffs on its shipments to the US.<\/p>\n","protected":false},"excerpt":{"rendered":"
WASHINGTON President Donald Trump said Friday that representatives from Pakistan are coming to the United States next week as Islamabad seeks to make a deal on tariffs. Pakistan and the US formally kicked off negotiations on reciprocal tariffs, when Pakistani Finance Minister Muhammad Aurangzeb and Trump\u2019s Trade Representative, Jamieson Greer, began talks via a call […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-482180","post","type-post","status-publish","format-standard","category-business"],"yoast_head":"\n