Pakistan’s Economic Coordination Committee (ECC) has approved the export of donkey meat and hides to China as part of efforts to expand trade and utilise livestock resources more effectively. Read More: ECC expresses satisfaction over inflation drop The decision was taken during a meeting chaired by Finance Minister Muhammad Aurangzeb in Islamabad. Officials said the move […]
China Trade
Trump claims authority to impose tariffs despite Supreme Court ruling
WASHINGTON — US President Donald Trump on Sunday asserted his right to impose tariffs, despite the Supreme Court last month striking down his global tariff measures. Read More: US Supreme Court strikes down Trump’s global tariffs In a series of posts on his Truth Social platform, Trump said he “has the absolute right to charge TARIFFS in another form” and […]
Trade deficit with neighbours widens sharply in early FY26
Pakistan’s trade deficit with nine neighbouring countries widened sharply in the first five months of the current fiscal year, reflecting falling exports and rising imports across the region. Official data shows the gap increased by more than 39 per cent, underlining persistent structural weaknesses in regional trade. Read More: Trade deficit surges 33% YoY to $2.9 […]
China’s Trade Surges Despite Looming Tariff Escalation with U.S.
BEIJING – China’s overseas trade grew faster than expected in September, offering a rare boost for its struggling economy just as fears rise over a fresh escalation in the U.S.-China trade war, official data showed Monday. According to the General Administration of Customs, exports jumped 8.3% year-on-year, well above a Bloomberg forecast of 6.6%, while […]