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Trump's tariffs: ripple effect

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friday

US President Donald Trump's nonsensical "reciprocal tariffs" and the ensuing trade war with China have devastated the global economy and threaten to bring about a global recession, or at least a widespread economic slowdown.

The tariffs have eaten into growth projections for most countries, including Pakistan. Per the IMF, Pakistan's economy will now grow at just 2.6% this year, down from the 3.2% as projected by the Fund at the start of the fiscal year.

The US is Pakistan's biggest export destination, and........

© The Express Tribune