But what is a trade war? At its core, it’s an economic battle where countries impose tariffs or trade barriers against each other, leading to cycles of retaliation. From higher consumer prices to disrupted supply chains, these conflicts reshape industries, strain diplomatic relations, and even alter the course of global markets. On April 9, 2025,…
All posts tagged Trade deficit
Trade deficit increased by 50% MoM in December
As seen recently, SBP’s latest data revealed that the trade deficit deteriorated sharply during Dec-2020 to US$2,768mn, which is a 50% MoM/64% YoY increase from the previously recorded months. The increase was largely driven by higher import payments, which jumped by 23% MoM during December. However, on a positive note, the highest increase was seen…