U.S. President Donald Trump has announced a new wave of steep import duties targeting Pakistan and 68 other countries, with tariffs ranging from 10% to 41%. Pakistan will face a 19% reciprocal tariff as part of the measure, which is set to take effect next week. The decision comes ahead of a critical trade deal deadline, reinforcing Trump’s aggressive stance on reshaping global trade rules to address what he calls “unfair imbalances.”
In an executive order, Trump outlined higher tariffs on goods from the listed nations, accusing some of failing to negotiate fair terms. “Despite having engaged in negotiations, some countries have not sufficiently addressed trade imbalances or aligned with U.S. economic and security interests,” the order stated. Notably, Canada faces escalated tariffs on certain goods, jumping from 25% to 35%, due to what Trump described as a lack of cooperation in curbing fentanyl flows into the U.S.
Meanwhile, Mexico secured a temporary 90-day reprieve from higher tariffs, allowing more time for trade negotiations. The decision followed a phone call between Trump and Mexican President Claudia Sheinbaum, who called the discussion “very good.” Approximately 85% of U.S. imports from Mexico comply with trade rules, shielding them from additional penalties. However, Mexico will still face tariffs on steel, aluminum, and non-compliant goods.
A U.S. official hinted that more trade deals could be announced soon, emphasizing that Canada had been less cooperative than Mexico in negotiations. The new tariffs mark a significant escalation in Trump’s trade policies, with global markets closely watching for further developments. The move underscores the administration’s hardline approach to trade, prioritizing U.S. economic and security interests over international trade norms.
