A. 5%
B. 10%
C. 15%
D. 20%
Answer
Correct Answer: C. 15%
Detail About MCQs
In late March 2025, President Donald Trump introduced a protectionist trade policy under which a baseline 10% tariff was imposed on all imports to the U.S. However, higher tariffs of up to 15% were placed on select countries — including Pakistan, China, India, and Australia — citing concerns over trade imbalances and strategic interests. This move was widely criticized for sparking fears of a global trade war and impacting Pakistan’s exports, particularly in the textile and surgical instruments sectors.