Pakistan, April 8 -- Amid escalating US trade protectionism, Pakistan must adopt a proactive and strategic approach to safeguard its exports, urged a recent report analyzing the impact of US President Donald Trump's reciprocal tariffs.
The evolving trade landscape, shaped by US protectionist policies and reciprocal tariff measures, presents challenges for Pakistan, according to a report by the Policy Research and Advisory Council (PRAC) and Karachi Chamber of Commerce and Industry (KCCI).
"The 29% tariff on Pakistani goods threatens price competitiveness, especially against India, Bangladesh, and Vietnam. However, higher tariff increases on Vietnam and Bangladesh create opportunities for Pakistan to expand its market share in textiles, ...
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