Aurangzeb confident Pakistan can withstand impact of US tariffs

Says commodity trade may offset tariff disparities • Opposes further increase in taxes on salaried, business classes • Efforts underway to simplify tax return forms KARACHI: Minister for Finance Muhammad Aurangzeb on Wednesday expressed confidence that the global situation following the imposition of US tariffs is manageable for Pakistan. The minister, speaking at the leadership of the business community during his visit to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in Karachi, said Pakistan already has constructive engagements with US authorities on the sidelines of World Bank and IMF summer meetings, while the premier has also announced the decision to send a delegation to the US to negotiate tariff issues.