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, 2025Broader 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.
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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
| Country | Tariff Rate (%) |
|---|---|
| Algeria | 30 |
| Argentina | 10 |
| Australia | 10 |
| Bahamas | 10 |
| Bahrain | 10 |
| Bangladesh | 37 |
| Bolivia | 10 |
| Bosnia and Herzegovina | 35 |
| Botswana | 37 |
| Brazil | 10 |
| Brunei | 24 |
| Cambodia | 49 |
| Chile | 10 |
| China | 34 |
| Colombia | 10 |
| Costa Rica | 10 |
| Côte d’Ivoire | 21 |
| Dominican Republic | 10 |
| Ecuador | 10 |
| Egypt | 10 |
| El Salvador | 10 |
| Ethiopia | 10 |
| European Union | 20 |
| Fiji | 32 |
| Ghana | 10 |
| Guatemala | 10 |
| Guyana | 38 |
| Haiti | 10 |
| Honduras | 10 |
| Iceland | 10 |
| India | 26 |
| Indonesia | 32 |
| Israel | 17 |
| Japan | 24 |
| Jordan | 20 |
| Kazakhstan | 27 |
| Kenya | 10 |
| Laos | 48 |
| Lesotho | 50 |
| Liechtenstein | 37 |
| Madagascar | 47 |
| Malaysia | 24 |
| Mauritius | 40 |
| Morocco | 10 |
| Myanmar (Burma) | 44 |
| Namibia | 21 |
| New Zealand | 10 |
| Nicaragua | 18 |
| Nigeria | 14 |
| North Macedonia | 33 |
| Norway | 15 |
| Oman | 10 |
| Pakistan | 29 |
| Panama | 10 |
| Peru | 10 |
| Philippines | 17 |
| Qatar | 10 |
| Saudi Arabia | 10 |
| Serbia | 37 |
| Singapore | 10 |
| South Africa | 30 |
| South Korea | 25 |
| Sri Lanka | 44 |
| Switzerland | 31 |
| Taiwan | 32 |
| Thailand | 36 |
| Trinidad and Tobago | 10 |
| Tunisia | 28 |
| Turkey | 10 |
| Ukraine | 10 |
| United Arab Emirates | 10 |
| United Kingdom | 10 |
| Uruguay | 10 |
| Venezuela | 15 |
| Vietnam | 46 |
