Trump announces new US-Pakistan trade deal to develop ‘massive’ oil reserves, says ‘maybe they’ll be selling oil to India’
This came after Trump announced a 25 per cent tariff and extra penalties on Indian imports starting August 1, Trump said the decision was due to America’s trade gap with India and India’s continued purchase of oil from Russia.
Honest hours after inserting a 25 per cent tax and extra penalties on Indian goods, US President Donald Trump announced a new replace take care of India’s terror-harbouring neighbour Pakistan on Wednesday (native time). He acknowledged the 2 worldwide locations will work together to stumble on and internet Pakistan’s huge oil reserves. Trump furthermore acknowledged that they are now selecting the oil firm that can rob the lead on this partnership. Sharing the update on his social media platform, Fact Social, he added that maybe in some unspecified time in the future Pakistan can even promote oil to India.
“We private impartial concluded a Address the Country of Pakistan, whereby Pakistan and the United States will work together on growing their big Oil Reserves. We are within the technique of choosing the Oil Company that can lead this Partnership. Who knows, perchance they’ll be promoting Oil to India some day!” Trump acknowledged in a put up on Fact Social.
We are very busy within the White Apartment lately working on Alternate Affords. I private spoken to the Leaders of many Worldwide locations, all of whom should receive the United States “extraordinarily chuffed.” I'll be assembly with the South Korean Alternate Delegation this afternoon. South Korea is factual now at a…
— Trump Fact Social Posts On X (@TrumpTruthOnX) July 30, 2025
The remarks came after Trump announced a 25 per cent tariff and extra penalties on Indian imports starting August 1, Trump acknowledged the resolution became this implies that of The United States’s replace gap with India and India’s persisted possess of oil from Russia.
In a message on his social media platform, Fact Social, Trump shared that he had spoken to diverse world leaders about replace. He acknowledged that plenty of them are animated to strike deals that help the United States.
“We’re very busy on the White Apartment lately working on replace agreements,” he wrote. “I’ve talked to leaders from many worldwide locations, and so all of them should receive the U.S. very chuffed.”
He mentioned an upcoming assembly with replace officials from South Korea, which presently faces a 25% tariff. Trump acknowledged South Korea is providing one thing in return to decrease that tariff and that he’s anticipating listening to their proposal.
He furthermore added that diverse worldwide locations are now making identical gives to minimize tariffs, which he believes will help the U.S. gash down its replace deficit considerably. A rotund fable, he acknowledged, will seemingly be shared later. He ended his put up with his familiar slogan: “MAKE AMERICA GREAT AGAIN!”
What Pakistan’s Foreign Minister acknowledged on replace deal
Closing week, Pakistan’s Foreign Minister Ishaq Dar acknowledged that his nation and the United States were “very discontinuance” to finalising a replace deal, that can even be announced inner days. His comments came after a gathering with U.S. Secretary of Negate Marco Rubio on Friday.
According to either side, Dar and Rubio spoke about rising replace and cooperation, especially in key areas adore serious minerals and mining. Other Pakistani leaders private furthermore been visiting the U.S. impartial impartial currently for identical discussions.
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