According to people familiar with the matter, Pakistan will offer to buy more cotton and soybeans from the US, hoping to cut the bilateral trade surplus in half and avoid being subject to tariffs imposed by Trump. People familiar with the matter said that the South Asian country hopes to reduce this surplus from about 4 billion US dollars in the fiscal year ending in June to less than 2 billion US dollars. People familiar with the matter said that negotiations are still ongoing, and any proposals put forward during formal negotiations with the US are likely to change. They added that buying Texas crude oil has also been considered as an option, but no consensus has been reached within the government due to high freight costs.

Zhitongcaijing · 5d ago
According to people familiar with the matter, Pakistan will offer to buy more cotton and soybeans from the US, hoping to cut the bilateral trade surplus in half and avoid being subject to tariffs imposed by Trump. People familiar with the matter said that the South Asian country hopes to reduce this surplus from about 4 billion US dollars in the fiscal year ending in June to less than 2 billion US dollars. People familiar with the matter said that negotiations are still ongoing, and any proposals put forward during formal negotiations with the US are likely to change. They added that buying Texas crude oil has also been considered as an option, but no consensus has been reached within the government due to high freight costs.