Pakistani Foreign Minister Ishaq Dar recently stated that Pakistan is “very close” to finalizing a trade agreement with the U.S. ahead of an important August 1 deadline set by President Donald Trump.
This deadline concerns the implementation of the so-called “Liberation Day” tariffs.
Dar shared this update during a speech at the Atlantic Council think tank, revealing ongoing discussions with the U.S. government.
He mentioned meetings with Secretary of State Marco Rubio and described the talks as well advanced. According to Dar, the two countries’ teams have been working both in Washington and virtually to refine the details of the deal.
“Our teams have been here in Washington, discussing, having virtual meetings,” Dar said. “A committee has been tasked by the prime minister to fine-tune now.” He added that a deal was imminent, estimating that finalization could occur within days rather than weeks or months.
The “Liberation Day” tariffs were announced by Trump as part of his broader trade policy overhaul during his second term.
Since unveiling these tariffs, many countries have rushed to negotiate agreements to avoid or reduce the new import levies, per the New York Post.
Trump has repeatedly postponed the enforcement of most of these tariffs,
