Following a U.S.-brokered ceasefire between India and Pakistan, former President Donald Trump announced intentions to significantly expand trade relations with both nations. In response, Pakistani industrialists—particularly in the textile sector—welcomed the move, expressing optimism that it could lead to lower U.S. tariffs on Pakistani exports.
The announcement came after a dangerous military standoff involving missile, drone, and air strikes resulted in nearly 70 casualties. Trump emphasized the role of trade in de-escalating the conflict, adding that economic diplomacy could lay the groundwork for future stability in South Asia.
The All-Pakistan Textile Mills Association (APTMA) praised Trump’s commitment as a positive signal for U.S.-Pakistan trade cooperation. The U.S. is Pakistan’s top export market, with textiles making up nearly 80% of those exports. At the same time, Pakistan is one of the largest buyers of U.S. cotton—a mutual dependency APTMA says could help rebalance the trade dynamic.
Pakistan currently faces up to 29% in tariffs on goods sent to the U.S., despite a three-month suspension of retaliatory duties. APTMA is hopeful that this diplomatic momentum will encourage Washington to offer more favorable trade terms, especially for Pakistan’s struggling textile industry.
Trump also hinted at playing a mediator’s role in resolving the long-standing Kashmir conflict. While India traditionally opposes third-party involvement, Trump stated his willingness to help find a lasting resolution.
APTMA, echoing broader industrial sentiment, reaffirmed its support for peace-building efforts led by the U.S. and emphasized the link between regional stability and strong economic cooperation. They stressed the importance of respectful, sovereign trade relations that contribute to lasting peace and shared prosperity.