ISLAMABAD: Pakistan’s federal government has launched a robust, multi-faceted plan to address the 29% tariffs imposed by the United States on its exports. This initiative aims to protect the nation’s economic interests, reduce financial strain, and enhance its standing in international trade talks.

High-Level Steering Committee Takes Charge

Prime Minister Shehbaz Sharif has appointed a 12-member steering committee, chaired by Finance Minister Muhammad Aurangzeb, to spearhead Pakistan’s response. This group unites key figures from economic and diplomatic circles to engage with US counterparts and shape the nation’s strategy. The committee comprises:

  • Federal Ministers for Commerce and Petroleum
  • Prime Minister’s Special Assistant on Industry
  • Chairman of the Federal Board of Revenue (FBR)
  • Foreign Secretary
  • Pakistan’s Ambassador to the US
  • Pakistan’s Permanent Representatives to the WTO
  • Economist Dr. Ijaz Nabi
  • Trade & Investment Minister in Washington
  • Trade Secretary

This team will guide Pakistan through the tariff challenge, focusing on diplomacy and trade negotiations during a pivotal moment.

Technical Working Group Bolsters Efforts

A 19-member working group, led by Commerce Secretary Jawad Paul, has been established to provide in-depth analysis and support. Comprising senior federal secretaries and prominent private-sector business leaders, the group is tasked with:

  • Assessing the full scope of the 29% tariff impact
  • Formulating immediate and future policy options
  • Pinpointing new global trade prospects
  • Supplying data-driven insights for key sectors
  • Refining negotiation tactics with rigorous research

This group will underpin the government’s approach, delivering precise, actionable findings to inform decision-making.

A Dual Focus: Defense and Opportunity

Commerce Ministry officials stress that this response transcends mere reaction. It reflects a proactive vision to fortify Pakistan’s role in global trade while safeguarding its export industries against unfair measures.

“This effort unites top-tier officials, trade specialists, and diplomats to defend Pakistan’s economic interests amid shifting global conditions,” a senior ministry source noted.

The steering committee and working group are set to deliver preliminary recommendations soon, equipping the government for critical talks with US trade officials.

Economic Stakes for Pakistan

The United States ranks among Pakistan’s top export destinations, with industries like textiles, leather goods, and surgical instruments at risk from the 29% tariff. The government’s swift action seeks to shield these sectors, preserving vital foreign revenue streams.

Through a blend of economic and diplomatic measures, Pakistan aims to mitigate or reverse the tariffs while fostering enduring strength in its export framework.

Charting the Future

As worldwide trade patterns shift, Pakistan is positioning itself to act decisively. The creation of these high-level bodies signals a firm resolve to uphold national trade interests through diplomacy, data, and forward-thinking policy.

The results of this strategy will play a defining role in shaping Pakistan’s trade relations, not only with the US but also with other leading global markets.