Pakistan, April 6 -- Pakistan's Finance Minister Muhammad Aurangzeb announced plans to engage the U.S. regarding new tariffs imposed on exports. He stated that the government is not overly worried about the 29% additional tariffs but wants to address the issue. A high-level delegation will soon visit Washington to negotiate trade terms. This visit aims to mitigate potential impacts on Pakistan's estimated $5.5 billion annual exports to the U.S.

The government is finalizing recommendations that may include lower duties on U.S. goods. Minister Aurangzeb mentioned the importance of minimizing the current U.S. trade surplus of $3 billion. The Prime Minister has also established a steering committee to develop a policy response to these unila...