Pakistan, June 25 -- The Pakistani government has instructed the Federal Board of Revenue (FBR) to refrain from increasing taxes and customs duties on imports coming from the United States, China, and several other major trading partners. This directive covers imports from countries including the US, Germany, France, the United Kingdom, Japan, and China, according to FBR officials.
The Ministry of Finance had strongly opposed any changes to import taxes and duties during recent tariff negotiations with the US. This stance was taken to avoid escalating trade tensions, especially after the US increased tariffs on Pakistani products due to Pakistan's existing import tax structure.
FBR sources revealed that further negotiations on tariffs, ...
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