Pakistan US tariffs have officially been secured under a new trade agreement with the United States, easing concerns over a potential 29% duty on key exports. The deal arrives just ahead of the August deadline and preserves access for Pakistani textiles and goods, while also opening new channels for U.S. investments in energy and minerals.
Under the deal, U.S. support now targets Pakistan’s oil sector—particularly in refining, storage, and exploration. Authorities confirmed the U.S. may help modernize infrastructure to support imports of crude oil and boost supply chains. With oil imports valued at $11.3 billion in the year ending June 2025, this could significantly reshape Pakistan’s energy landscape.
U.S. eyes oil and mineral opportunities, including Reko Diq
The agreement also brings long-awaited momentum to Reko Diq, Pakistan’s massive copper-gold project. U.S. entities may soon participate through the Export-Import Bank, which is reviewing $500 million to $1 billion financing proposals. Reko Diq has gained renewed attention as a strategic asset in both trade and energy diplomacy.
Throughout the negotiations—started in late June and intensified as the July deadline neared—both sides pressed for timely clarity to ease exporter anxiety. Islamabad had offered to import more U.S. goods, including crude oil, in return for long-term tariff stability and investment assurances.
President Donald Trump described the terms as a “strategic win,” underscoring shared growth and collaboration. He emphasized stable Pakistan US tariffs, while praising the energy and mineral cooperation prospects that now include Reko Diq.
Pakistan’s trade surplus with the U.S.—around $3 billion in 2024—largely came from textile exports. With this deal, market access is secured through lower or frozen tariffs. Meanwhile, U.S. support for energy projects could support infrastructure upgrades long in need of investment.
In sum, the finalized agreement keeps Pakistan US tariffs at manageable levels, encourages collaboration in the oil and mining sectors, and brings major projects like Reko Diq into sharper focus. It signals a turning point in bilateral economic and energy relations.
