PM Shehbaz Thanks Trump for ‘Historic’ US-Pakistan Trade Agreement

Prime Minister Shehbaz Sharif expressed gratitude to US President Donald Trump on Thursday for his leadership in concluding a “historic” trade agreement between Pakistan and the United States.

In a post on his official X (formerly Twitter) account, PM Shehbaz wrote:
“I wish to convey my profound thanks to President Trump for his leadership role in finalization of the historic US-Pakistan trade agreement, successfully concluded by our two sides in Washington, last night.”

He added that the agreement marked a “landmark” moment in US-Pakistan relations, saying it would strengthen the growing cooperation and expand the long-term partnership between the two nations.

Trump Confirms Deal on Truth Social

President Trump confirmed the agreement on his Truth Social platform, stating:
“We have just concluded a Deal with the Country of Pakistan, whereby Pakistan and the United States will work together on developing their massive Oil Reserves. We are in the process of choosing the Oil Company that will lead this Partnership. Who knows, maybe they’ll be selling Oil to India some day.”

Trump Criticizes India Over Trade Barriers

In a separate post, President Trump criticized India’s high tariffs and trade policies. He announced the imposition of a 25% tariff and an unspecified penalty on Indian imports starting August 1.

“We have, over the years, done relatively little business with them (India) because their tariffs are far too high, among the highest in the world, and they have the most strenuous and obnoxious non-monetary trade barriers of any country… India will therefore be paying a tariff of 25%, plus a penalty for the above, starting on August first,” Trump stated.

This development marks a significant shift in US trade relations with South Asia, with Pakistan emerging as a key partner in energy collaboration.