In a major blow to the Pakistani economy, the United States imposed a 29 % tariff on Pakistani goods, which is expected to lead to a billion dollars loss to the country. As the Ministry of Commerce stated. Despite this setback, the United States is expected to continue facing a billion dollar trade deficit with … Read more
Dhaka: The clothing sector in Bangladesh-the artery of life in its economy-suffers from a huge commercial shock after US President Donald Trump imposed a 37 % cruel tariff on ready-made Bangladesh clothes (RMG). Industry leaders warn that the repercussions may paralyze the largest export engine in the country, at a value of $ 8.4 billion … Read more
Lahore: In line with the direction of the Lahore Court, the Ministry of Environment Al -Punjab provided strict measures and huge penalties to reduce the use of excessive water. As part of these efforts, a fine of 10,000 rupees was imposed on individuals who wash vehicles at home, as well as those who use pipes … Read more
On Saturday, US President Donald Trump imposed a 25 % tariff on imports from Canada and Mexico and 10 % on imports from China. The White House confirmed that customs duties apply. Trump had set the deadline on February 1 for definitions, and linked them to the efforts to curb the flow of fentanel and … Read more
On Thursday, the US State Department imposed sanctions on a Chinese research institute and several companies it said were involved in supplying Pakistan’s ballistic missile program. Likewise, Washington targeted three China-based companies with sanctions in October 2023 for supplying materials that could be used in missile manufacturing to Pakistan. Ministry spokesman Matthew Miller said in … Read more