Exporters | Pakistan

KARACHI: Repres­entatives of exporters are confident that a proposal under consideration in Washington to impose 10 per cent additional duties on imports would not hurt Pakistan’s exports. The US Trade Representative (USTR) has proposed to the Trump administration to slap 10pc additional duties on imports from Pakistan, Canada, Bangladesh, Ecuador, Indonesia, Mexico, Argentina, Taiwan, Britain and the European Union. Exporters said the buyers in the US have to pay the duties making the Pakistani products costly after reaching the American market. Javed Bilwani, an exporter who is a former president of the Karachi Chamber of Commerce, said Pakistan was already facing 16.5pc tax on export of textile products to the US, while an additional 10pc duty was imposed after the US Supreme Court struck down the new tariff regime to change the world trade order. Importers in the United States had approached the Supreme Court against President Trump’s new tariff regime, which jolted the global market since the tariffs on ...