Amid concerns over export losses, Pakistan to initiate tariff talks with USA

Pakistan Prime Minister Shehbaz Sharif has agreed to send a high-level delegation to the United States, which will offer lower tariffs and increased market share, amid concerns that new tariffs could significantly reduce Islamabad's exports to Washington.

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As per government sources, the delegation would propose a reduction in tariffs on at least 55 products, along with an increased market share and also address the USA's non-tariff concerns related to the ban on social media platform "X."

"These lowered tariffs would be largely in line with the tariffs availed by China under the bilateral Free Trade Agreement (FTA)," it said.

Sharif's decision comes after US President Donald Trump's enhanced tariff announcement led to some Pakistani exporters receiving halt requests from their buyers in Washington.