Challenges crop up as US imposes tariff on Pakistan

KARACHI: In response to the unexpected 29 per cent reciprocal tariff imposed by the United States on Pakistan, exporters feel that the impact would be detrimental, though not significantly severe, as competitors are also subject to similarly high taxes on their exports to the US.

US President Donald Trump announced a raft of tariffs on Wednesday, saying they were designed to stop the US economy from being “cheated”.

Pakistani exporters said the tariff would not cause any significant hit since competitors like India...