Pakistan and the United States have initiated crucial tariff negotiations, aiming to resolve existing trade disagreements that could impact the Pakistani economy. The talks follow the potential imposition of steep tariffs on Pakistani goods by the Trump administration. Key figures involved include Finance Minister Muhammad Aurangzeb from Pakistan and Ambassador Jamieson Greer, U.S. Trade Representative. While both sides expressed confidence in reaching a favorable conclusion, Pakistan faces significant economic challenges as it seeks to navigate these negotiations. A potential 29% tariff on exports could result in up to $1.1 billion in annual losses for the country, raising concerns about trade balance and economic stability. Experts suggest that this development could significantly change Pakistan’s trade relationship with the U.S., potentially reshaping its export industry. While both governments remain optimistic about a successful outcome, the potential consequences of these tariffs underscore the need for quick resolution of the trade dispute.