Islamabad seeks relief on tariffs

Pakistan and the United States are holding trade negotiations in Washington to address US tariffs on Pakistani exports and finalize a bilateral trade agreement. Pakistan secured a reduction of tariffs from 29% to 19% in prior talks, but a US Supreme Court ruling invalidated the IEEPA-based tariffs, leading to a temporary 10% global tariff set to expire in July. Pakistan also faces a proposed 10% additional tariff under Section 301 investigations.