US President Donald Trump announced that the US has reached a new oil deal with Pakistan. This came just hours after he announced a 25% tariff and penalty on Indian goods. He said the US and Pakistan will work together to find and use oil in Pakistan. He also stated that the US is now selecting a company to lead the project. He also added that maybe one day, Pakistan could sell oil to India. This comes as US-India trade tensions rise.
US-Pak Deal
Trump said the deal with Pakistan is part of his plan to build stronger trade ties that benefit the US. He also said several world leaders are now ready to work with the US. Earlier the same day, Trump announced a 25% tariff on Indian imports, blaming India’s trade barriers and continued oil and arms deals with Russia. He said India’s policies have limited fair trade. The Pakistan deal suggests a change in the US approach to trade in the region.
We are very busy in the White House today working on Trade Deals. I have spoken to the Leaders of many Countries, all of whom want to make the United States “extremely happy.” I will be meeting with the South Korean Trade Delegation this afternoon. South Korea is right now at a…
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