Trump Announces Major Pakistan Trade Deal, Vows Joint Oil Development/Exploration

[Assault Rifle]

So despite a so called trade deal, Pakistan still got hit with a 19% tarriff.
Pretty embarrassing for Sharif.

 

[Rationale]

Those who signed a deal is not stupid.

I am sure they are not. I am just telling you what the lawyers who make a living interpreting trade laws of the United States think about how "transshipment" is defined in the context of these tariffs.

 

[Rationale]

So despite a so called trade deal, Pakistan still got hit with a 19% tarriff.
Pretty embarrassing for Sharif.

Actually, it is the lowest rate for non-basket case developing economies in Asia, along with the likes of Indonesia and Phillipines. Only those like Afghanistan and Nepal, who are economically insignificant , got lower rates. I am guessing that it what India might end up with as well. The floor for India would be 15% but that would require them to make major commitments like buying F-35s.

 

[Cash gk]

Ok bro , enjoy the freedom of expression.

You oky mate? Here it goes Pakistan is buying oil from America.

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[Rationale]

You oky mate? Here it goes Pakistan is buying oil from America.

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I guess this is the oil Deal with the Country of Pakistan that Trump posted about.

 

[airhead]

This is all bullshit …mark my words …all fluff no substance…all to spite India in order to negotiate a trade deal

 

[Cash gk]

Not sure what concessions Pakistan made, but 19% compares to 15% for Afghanistan, 20% for Sri Lanka and Bangladesh and 10% for Nepal, Bhutan and Maldives. Of course, India is at 25%, but they should be able to improve that if they agree to some deal.

One reason India might have held off on a deal is to have transparency on what kind of deals others were going to get. After all, it is the relative and not absolute level of tariffs that matters.

"What the U.S. is doing with the rest of the world clearly shows that it’s losing its global grip. Imposing tariffs left and right is a desperate move, and the damage being done may be beyond repair. In contrast, China is emerging as the future. Just look at its technological advancements and the massive investments it’s making in its own people — something truly unprecedented. Most importantly, China is not invading other nations through military force; instead, it’s building countries and offering defense partnerships. The U.S., on the other hand, continues to use blackmail tactics against nations like Pakistan and India. It’s time for both Indians and Pakistanis to wake up. If they align themselves with China and Russia, they can not only survive but become a global force. With their combined population, resources, and growing technological power, the rest of the world will naturally begin to align with them.

 

[Cash gk]

BS, you are cleaning bathrooms in Canada, nobody will share anything with you.

You need to correct the country. I never been in Canada. Lol

 

[Olympus81]

I dont understand what the hoopla is about.

Pakistan in all likelihood gave incentives to US companies to sell and invest in Pakistan. In return, that made Trump wet his pants and offer a decent tariff deal to Pakistan.

Pakistan needs to look at itself from a strategic lens, and focus on security, human development. These 2 areas will give rich dividend in the distant future.

 

[Cash gk]

"This tariff war is going to hurt American consumers because the cost will ultimately come out of their pockets. They won’t be able to afford the world’s advancements, especially Chinese technology. Prices will rise since a lot of research and production are happening globally. While America can try to fight the whole world, it’s only a matter of time before they lose. This will absolutely damage the American economy

 

[Rationale]

"What the U.S. is doing with the rest of the world clearly shows that it’s losing its global grip. Imposing tariffs left and right is a desperate move, and the damage being done may be beyond repair. In contrast, China is emerging as the future. Just look at its technological advancements and the massive investments it’s making in its own people — something truly unprecedented. Most importantly, China is not invading other nations through military force; instead, it’s building countries and offering defense partnerships. The U.S., on the other hand, continues to use blackmail tactics against nations like Pakistan and India. It’s time for both Indians and Pakistanis to wake up. If they align themselves with China and Russia, they can not only survive but become a global force. With their combined population, resources, and growing technological power, the rest of the world will naturally begin to align with them.

I broadly agree with you, but India and China have border disputes and a history where India faced a surprise invasion from China while the leaders were talking about Hindi Chini bhai bhai. So, it is difficult for India to move unless China takes the first steps to demonstrate its good faith.

 

[SoulSpokesman]

PAK has got a good deal. Kudos are in order for their negotiators.

Regards

 

[Cash gk]

It is a myth with no basis. Someone in 1970s presumed that Iran has a lot of oil and gas and it has the border with Pakistan so we must also have huge oil reserves in Balochistan. To back this claim further they cited the evidence of Sui gas found in Balochistan in 1950s.

In reality, despite the fact that Balochistan shares the border with Iran. The oil found in Iran is very far from Balochistan. Iran is a big country and their oil fields are towards Kuwait, Qatar and Iraq. They don’t have much oil near the Balochistan border.

There's lots going

New Energy Giant? Pakistan’s Offshore Oil Find Signals Global Market Shift

Explore Pakistan’s potential discovery of the world’s fourth-largest offshore oil and gas reserves. Could this transform the country’s energy future?

energy-oil-gas.com

 

[Cash gk]

PAK has got a good deal. Kudos are in order for their negotiators.

Regards

On what compromises? Trump yesterday threaten Canada. If they accept Palestinian statehood there will be no trade deal with Canada. Do you know where I'm coming from?

 

[Cash gk]

I broadly agree with you, but India and China have border disputes and a history where India faced a surprise invasion from China while the leaders were talking about Hindi Chini bhai bhai. So, it is difficult for India to move unless China takes the first steps to demonstrate its good faith.

When you want to fix you can fix but if you want to fight keep doing this. Fixing things with the China goes by Pakistan.