In a significant shift in trade policy, the United States has imposed tariffs on imports from Pakistan, along with over 180 other countries. This decision, announced by President Donald Trump, includes a reciprocal tariff of 29% on goods imported from Pakistan, which is a response to the high tariffs that Pakistan imposes on American products, reportedly at 58%. This move is part of a broader strategy to address perceived trade imbalances and protect U.S. manufacturing interests. The imposition of these tariffs is expected to have far-reaching implications for Pakistan's economy. Leading businessman Arif Habib has expressed concerns that the tariffs will lead to increased prices for commodities and a subsequent drop in demand. The economic impact could be severe, particularly for industries reliant on exports to the U.S. market, which has traditionally been a significant destination for Pakistani goods. In addition to the immediate economic effects, the tariffs could also infl...
In a continued effort to support Palestinians in Gaza, the United Arab Emirates has launched its fifth aid ship under the ongoing humanitarian mission, Operation Chivalrous Knight 3. This vessel, loaded with 5,112 tonnes of essential humanitarian supplies, departed from Dubai’s Hamriyah Port and is en route to the Egyptian city of Al Arish. From there, aid will be coordinated for distribution to the people of Gaza. The UAE’s recent initiative reflects its longstanding commitment to providing relief in the face of adversity, even when logistical and political obstacles pose challenges. Operation Chivalrous Knight 3 was initiated with the aim of delivering critical resources to Palestinian civilians who have endured devastating conditions due to the conflict. The latest shipment includes food supplies, medical assistance, and other essentials vital for survival and well-being. The UAE’s sustained efforts represent more than material aid; they reflect a deep-rooted humanitarian ethos that...