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flag US and Pakistan start talks to address new 29% tariffs on Pakistani exports, aiming to save billions.

flag Pakistan has begun formal talks with the United States over new reciprocal tariffs on Pakistani exports, initiated by a phone call between Pakistani Finance Minister Muhammad Aurangzeb and US Trade Representative Jamieson Greer. flag The US plans to impose a 29% tariff on Pakistani goods, potentially costing Pakistan $1.1-1.4 billion annually. flag The negotiations aim to mitigate the economic impact and strengthen bilateral trade ties.

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