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Pakistan and Iran have agreed to significantly expand their bilateral trade, setting a new annual target of USD 8 billion. The decision was reached during Iranian President Masoud Pezeshkian’s official visit to Pakistan, where he met Prime Minister Shehbaz Sharif and top Pakistani officials. Trade Ministers Reach New Understanding Pakistan’s Commerce Minister Jam Kamal
International
Pakistan and Iran have agreed to significantly expand their bilateral trade, setting a new annual target of USD 8 billion. The decision was reached during Iranian President Masoud Pezeshkian’s official visit to Pakistan, where he met Prime Minister Shehbaz Sharif and top Pakistani officials. Trade Ministers Reach New Understanding Pakistan’s Commerce Minister Jam Kamal
National
The Ministry of External Affairs has rejected social media rumours that India is reviewing trade agreements or imposing duties on goods from the United States in response to recent tariff actions. No Change in Tariff Policy, Says Government In an official clarification, the government stated that no such review is being carried out and no […]
International
The United States has officially increased tariffs on certain Canadian goods from 25% to 35%, effective August 1. The decision is part of a broader trade shift under President Donald Trump’s administration targeting countries deemed non-compliant with U.S. trade and security expectations. Tariff Applies to Non-Compliant Products The 35% tariff will apply to Canadian
International
The Brazilian government has sharply criticized the United States for imposing a steep 50% tariff on several Brazilian exports. Officials described the move as unjustified and confirmed plans to challenge the decision through trade negotiations and legal mechanisms. Tariffs Hit Key Agricultural and Industrial Exports The new tariff impacts nearly 36% of Brazil’s export
International
U.S. Treasury Secretary Scott Bessent has stated that President Trump and his administration are growing increasingly frustrated with India over delays in finalizing a trade agreement. He described India’s approach as slow and unresponsive despite early enthusiasm for negotiations. Concerns Over Russia Ties Add to Tension Bessent noted that India’s continued oil imports