Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Berlin says Chinese ship targeted German plane with laser over Red Sea

July 8, 2025

As Trump threatens additional tariffs on BRICS.. What are the ramifications?

July 8, 2025

Donald Trump escalates trade war with plans for 50% copper tariff

July 8, 2025
Facebook X (Twitter) Instagram
Tuesday, July 8
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » APTMA welcomes Trump’s trade pledge with Pakistan, expects tariff easing – Markets
Economist Intelligence

APTMA welcomes Trump’s trade pledge with Pakistan, expects tariff easing – Markets

adminBy adminMay 12, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 27


The All Pakistan Textile Mills Association (APTMA) has welcomed US President Donald Trump’s intent to “increase trade, substantially,” with Pakistan.

In a statement released on Monday, APTMA said it expects the US to reduce existing and proposed tariffs on Pakistan’s exports, after Islamabad’s steps to increase cotton imports from Washington.

APTMA stated that it welcomes and appreciates Trump’s positive message of goodwill toward Pakistan, emphasising peace, diplomacy, and regional stability.

“We note President Donald J. Trump’s intent to ‘increase trade, substantially,’ with Pakistan as an encouraging signal for the future of U.S.–Pakistan economic engagement, especially in the textile sector, which serves as the backbone of Pakistan’s export economy and provides livelihoods to millions.

Trump tariffs: US offers Pakistan to buy more cotton

“His statement is a timely recognition of the crucial role trade can play in this regard,” read the statement.

The remarks come after the US President in a post on Truth Social on Sunday, in which he announced plans to “increase trade, substantially, with both of these great nations” and expressed willingness to mediate on the long-standing Occupied Kashmir issue.

APTMA noted that the US remains Pakistan’s largest export destination, with textiles accounting for nearly 80% of total exports to the American market.

It said that Pakistan’s textile industry encompasses the entire value chain and has long produced and exported a comprehensive range of textile products. Additionally, Pakistan is the second-largest importer of US cotton and has taken proactive steps to increase cotton imports in response to concerns over the trade imbalance.

“In line with these increased imports, we expect the US to reduce existing and proposed tariffs on Pakistan’s exports, thereby enhancing market access and unlocking greater trade opportunities.”

APTMA added that it also supports international efforts, particularly those led by the US, aimed at fostering lasting peace in South Asia, including the resolution of long-standing disputes through dialogue and mutual understanding.

“We recognise that economic cooperation and regional stability are deeply interconnected and remain committed to promoting peace through trade-led engagement. Building on this momentum, we look forward to strengthening a resilient and mutually beneficial US-Pakistan trade partnership, grounded in respect, national sovereignty, and shared economic goals,” it said.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Intelligence

Pakistan’s Rs7.2trn annual debt burden should finance growth-generating activities, says think tank – Pakistan

July 8, 2025
Economist Intelligence

Pakistan approves four potential bidders for struggling national airline PIA – Pakistan

July 8, 2025
Economist Intelligence

‘$50mn in FDI’: CCP approves 69 merger and acquisition in FY2024-25 – Business & Finance

July 8, 2025
Economist Intelligence

PM Shehbaz calls for comprehensive agri-plan – Business & Finance

July 8, 2025
Economist Intelligence

Pakistan’s banknotes manufacturer PSPC absorbs NSPC in strategic merger – Business & Finance

July 8, 2025
Economist Intelligence

Pakistan’s EV sector is ‘like a newborn baby’, needs time to evolve, say experts – Business & Finance

July 8, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Pakistan’s Rs7.2trn annual debt burden should finance growth-generating activities, says think tank – Pakistan

July 8, 2025

Pakistan approves four potential bidders for struggling national airline PIA – Pakistan

July 8, 2025

‘$50mn in FDI’: CCP approves 69 merger and acquisition in FY2024-25 – Business & Finance

July 8, 2025

PM Shehbaz calls for comprehensive agri-plan – Business & Finance

July 8, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Berlin says Chinese ship targeted German plane with laser over Red Sea
  • As Trump threatens additional tariffs on BRICS.. What are the ramifications?
  • Donald Trump escalates trade war with plans for 50% copper tariff
  • Gold declines as the dollar muscles up amid the trade war
  • Copper prices return lower on stronger dollar, growth concerns

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Berlin says Chinese ship targeted German plane with laser over Red Sea

July 8, 2025

As Trump threatens additional tariffs on BRICS.. What are the ramifications?

July 8, 2025

Donald Trump escalates trade war with plans for 50% copper tariff

July 8, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.