The United States has finalized a trade agreement with Pakistan that includes plans for the joint development of the country’s substantial oil reserves. Former U.S. President Donald Trump commented on the deal, stating that the selection process for oil companies to lead the project is underway. “Who knows, maybe one day they’ll sell oil to India!” he quipped.
While details of the agreement are yet to be disclosed, Trump noted ongoing talks with other nations regarding trade. “This afternoon, I’ll be meeting with South Korea’s trade delegation. They currently impose a 25% tariff, but they’ve proposed a reduction, which I’m eager to review,” he said. Trump added that several countries are offering tariff reductions, which he believes will significantly help reduce the U.S. trade deficit.