• Pakistani representatives will visit the U.S. for trade negotiations next week.
• Pakistan faces a potential 29% tariff on exports due to a $3 billion trade surplus.
• Trump warns that conflict between India and Pakistan could derail trade deals.
• India's trade minister visited the U.S. recently to advance negotiations.
• Ongoing negotiations aim to finalize a trade deal by early July.

U.S. President Donald Trump announced that representatives from Pakistan are scheduled to visit the United States next week to discuss tariffs. This visit comes amid escalating tensions between Pakistan and India, with Trump stating that any agreement would be contingent on both countries maintaining peace. Pakistan currently faces a potential 29% tariff on its exports due to a reported $3 billion trade surplus with the U.S., which was part of broader tariff announcements made last month, according to Reuters and Dawn.

Formal negotiations initiated earlier in the day included a phone conversation between Finance Minister Muhammad Aurangzeb and U.S. Trade Representative Jamieson Greer. Trump emphasized his unwillingness to engage in trade discussions if ongoing tensions with India escalated into military conflict, which reflects the precarious situation following a recent military confrontation between the two nuclear-armed nations, according to India Times and Dawn.

Both Trump's statements and the positioning of Indian Trade Minister Piyush Goyal, who recently visited Washington to advance trade discussions, suggest a tight timeline for reaching a deal. Reports indicate both countries aim to finalize an interim agreement by early July, amid discussions of significant tariffs affecting both nations. Notably, Indian exports are proposed to face a 26% tariff if negotiations do not come to a successful conclusion, as highlighted by Reuters and India Times.