India-US Trade Deal Shatters Pakistan's Textile Industry, Experts Warn of Economic Collapse

Pakistan
N
News18•04-02-2026, 12:17
India-US Trade Deal Shatters Pakistan's Textile Industry, Experts Warn of Economic Collapse
- •India and the US have agreed to reduce retaliatory tariffs on Indian goods to 18%, significantly lower than Pakistan's 19% tariff.
- •This new trade deal, along with another major agreement, is seen as a severe blow to Pakistan's cotton and textile industry.
- •Pakistani experts, including Ehsanul Haq, Chairman of the Cotton Ginners Forum, warn of a sharp decline in Pakistan's exports if immediate measures are not taken.
- •The European Union has also set import duties on Indian products to zero, further intensifying Pakistan's economic concerns.
- •Social media users in Pakistan are ridiculing their leadership, suggesting that former US President Donald Trump and the US no longer take Pakistan seriously.
✦
More like this
Loading more articles...





