
An image of the US and Pakistan flag. — Anadolu Agency
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Official sources have revealed that in response to US President Donald Trump’s announcement of promoting trade with Pakistan, Islamabad has proposed a zero-tier bilateral trade agreement with Washington.
“Pakistan is offering to enter a bilateral agreement with zero rates on selected tariff lines with mutual interests to increase bilateral trade in several sectors,” when asked about the new policy offered to the United States, a high -level source said.
US President Trump has come to light after the ceasefire broke out between Pakistan and India. In the follow -on post after the ceasefire, Trump praised the leadership of the two countries and said he would ‘trade too much’ with both.
Nuclear weapons rivals ended their worst military conflict in nearly three decades, with a ceasefire announcement on Saturday. The conflict gave rise to global concerns that it could spread in a full war.
The fighting began last Wednesday when India launched a strike against it as a “terrorist infrastructure” in Pakistan. The Indian strike took place on April 22 after the Indian illegally occupied tourists in Jammu and Kashmir, killing 26 people.
Pakistan said it had nothing to do with tourist attacks, adding that the purpose of India’s strike was civilian targets.
The Pakistan Armed Forces launched a massive retaliation, called “Operation Bonyan Um-Marsus” and targeted several Indian military targets in several areas.
The strikes described by the personnel as “precise and proportional” were carried out in response to India’s continued aggression in the Line of Control (LoC) and Pakistan, which New Delhi claimed that “terror targets” were aimed at.
India offers us a trade agreement without any prices
US President Donald Trump said today that India has offered a trade agreement that suggests “no tax” for US goods, while Apple (AAPL.O) has expressed dissatisfaction with investment plans in India.
New Delhi is trying to make a trade agreement with the United States within a 90 -day break announced by Trump on April 9 for major trade partners.
“It is very difficult to sell in India, and they are offering us a contract where they do not literally receive any tax from us,” Trump said in a meeting with executives in the Qatari capital Doha.
Reuters reports that New Delhi has offered to reduce duty to zero on 60 % tariff lines in the first phase of the deal under talks with Washington, while offering priority access to 90 % of commercial India’s imports from the United States.
India’s Equity Benchmark jumped at a height of seven months after Trump’s comments on a deal with India.
The Indian Trade Ministry did not respond to the mail seeking comment on the proposed deal.
In Doha, Trump said he had made Apple’s CEO Tim Cook’s move to India, as the US company is moving forward to make most of its iPhones sold in the United States by the end of 2026 to make most of the iPhones sold in the United States, and is likely to raise more taxes in China.
“Tim, we treated you very well, we have built all your plants in China for years … We are not interested in building you in India, India can take care of itself, they are doing very well, we want to build you here,” Trump told himself, not telling himself.
Indian Prime Minister Narendra Modi has promoted India in recent years as the smartphone manufacturing center and Apple suppliers have increased production in the country.
In March, Apple’s central India suppliers Foxkin and Tata sent a $ 2 billion worth of iPhone to the United States to ignore Trump’s upcoming incomes.
The United States is the largest trading partner in India, of which bilateral trade is about $ 129 billion in 2024. The trade balance is currently in favor of India, which distances $ 45.7 billion with the United States.
Indian Minister of Commerce Piyush Goyal will lead a trade delegation for the United States to advance trade talks from May 16, two government officials told Reuters on Tuesday.
India has the world’s largest imports on imports, and earlier Trump has described India as “tariff abuse”.
– With extra input from Writers.