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Reading: Trump Sets 29% Tariff on Pakistani Goods
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Trump new import tariffs 2025
PhotoNews Pakistan > Business > Trump Sets 29% Tariff on Pakistani Goods
BusinessTop News

Trump Sets 29% Tariff on Pakistani Goods

Web Desk
By Web Desk Published April 3, 2025 4 Min Read
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U.S. President Donald Trump, displaying a chart in trade event in the Rose Garden of the White House on Tuesday, Washington, D.C. Photo Credit: Chip Somodevilla / Getty Images
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President Donald Trump announced new reciprocal tariffs on Wednesday, which include a 29% tax on goods imported from Pakistan.

Trump’s tariffs initiative is designed to level the playing field in global trade and specifically targets countries that impose high tariffs on U.S. products. Trump described this measure as crucial to correcting decades of trade imbalances and supporting American industries.

In discussing the decision, Trump cited Pakistan’s 58% tariff on U.S. goods as a reason for the 29% tariff imposed by the U.S. He stated, “We’ve been subsidizing foreign economies for too long. It’s time for fairness.” The U.S., a key trade partner for Pakistan, recorded $7.3 billion in bilateral trade in 2024, with exports totalling $2.1 billion and imports amounting to $5.1 billion.

President Donald Trump signed an aggressive and far-reaching “reciprocal tariff” policy at the White House.

The plan imposes steep tariff rates on many countries, including 34% on China, 20% on the European Union, 46% on Vietnam and 32% on Taiwan. https://t.co/q2grUDZse5 pic.twitter.com/RpciBSi0Xy

— CNBC (@CNBC) April 2, 2025

Broader Tariff Strategy

Pakistan isn’t alone. The U.S. has rolled out tariffs on 40 other countries, ranging from 10% to 50%. Trump’s plan mirrors or halves rates charged by these nations on American goods. He framed trade deficits as a “national emergency,” doubling down on his “America First” policy to reshape global deals.

The tariffs protect U.S. markets from what Trump sees as unfair foreign practices. With Pakistan’s imports up 4.9% and exports to the U.S. rising 4.4% last year, the new rates could shift this dynamic. Trump urged nations to rely less on U.S. support and compete equally.

Read: Elon Musk to Step Back from White House DOGE Role

As these tariffs take effect, their ripple effects on trade relations remain to be seen. Will they balance the scales or spark pushback? The debate is just beginning.

List of the countries’ tariff rates imposed by Trump

CountryTariff Rate (%)
Algeria30
Argentina10
Australia10
Bahamas10
Bahrain10
Bangladesh37
Bolivia10
Bosnia and Herzegovina35
Botswana37
Brazil10
Brunei24
Cambodia49
Chile10
China34
Colombia10
Costa Rica10
Côte d’Ivoire21
Dominican Republic10
Ecuador10
Egypt10
El Salvador10
Ethiopia10
European Union20
Fiji32
Ghana10
Guatemala10
Guyana38
Haiti10
Honduras10
Iceland10
India26
Indonesia32
Israel17
Japan24
Jordan20
Kazakhstan27
Kenya10
Laos48
Lesotho50
Liechtenstein37
Madagascar47
Malaysia24
Mauritius40
Morocco10
Myanmar (Burma)44
Namibia21
New Zealand10
Nicaragua18
Nigeria14
North Macedonia33
Norway15
Oman10
Pakistan29
Panama10
Peru10
Philippines17
Qatar10
Saudi Arabia10
Serbia37
Singapore10
South Africa30
South Korea25
Sri Lanka44
Switzerland31
Taiwan32
Thailand36
Trinidad and Tobago10
Tunisia28
Turkey10
Ukraine10
United Arab Emirates10
United Kingdom10
Uruguay10
Venezuela15
Vietnam46
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