Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Op-Ed Editorial

Economic cost of Trump’s remarks

byDr. Aftab Afzal
01/09/2017
in Editorial, Latest News, Op-Ed
Share on FacebookShare on Twitter

After opening various fronts on home ground, US President Donald Trump has finally turned his guns towards Pakistan, accusing it of ‘harbouring’ terrorists in the country. The person, who claimed he will shrink US role in Afghanistan during his election campaign, is sending more troops to fight Taliban and has adopted a hostile posture toward Pakistan under the influence of Indian lobbies. The economy of Pakistan is already in a shambles and his threats need to be taken up seriously. The federal government has discussed the possible fallout of Trumps rhetoric in the National Assembly. It is good omen that all the government and opposition members are at one page on the issue. May be it is Mr Trump’s policy to issue irresponsible statements not only to instigate chaos and political upheaval in various regions of the world but also create unrest in the US public. The government is already engaged in discussions on emerging geopolitical situation, economic cost of Trump’s behavior and emerging challenges.The hostile policy of the United States has the potentials to aggravate balance of payments situation, as the current account deficit reached $12.1 billion in the fiscal year 2016-17.

However, difficult times come in the history of nations where they have to decide the path of dignity, respect and honour and would not afraid of paying a heavy price for it. The international financial institutions are subservient to the US policies. The new government would have been considering entering another loan programme with any International donor agency, but loans should not be the option to manage the balance of payment problem. It should be noted that every phase of life is transitionary and it will have to pass whether you like it or not. We as a respectable nation should take a lesson from Iran which has been facing adverse situation for the last many decades but did not bow to the US pressure. As a nation, we have to establish strong relations with regional countries such as Iran, Russia and central Asian states. We are not alone in fight against the US hegemony as several other countries are also in the same boat. The harangues of Trump are based on disinformation fed to him by Indians and it is hoped that sooner or laterhe will listen to the voices of reasons.

You might also like

FBR exempts certain POS-compliant footwear supplies from retail price tax

18/07/2026

Tax backlog hits 68,000 despite 24 private members inducted on monthly salaries of up to Rs2.6m; review panel formed

18/07/2026

Related Stories

FBR exempts certain POS-compliant footwear supplies from retail price tax

byCT Report
18/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has excluded certain supplies made through digitally integrated and point-of-sale-compliant channels from the...

Tax backlog hits 68,000 despite 24 private members inducted on monthly salaries of up to Rs2.6m; review panel formed

byCT Report
18/07/2026

ISLAMABAD: Pakistan’s tax litigation backlog has climbed to around 68,000 cases despite the appointment of 24 private-sector members to the...

Bahrain pulls $30m from Pakistan bonds as Gulf war weighs on foreign investment

byCT Report
18/07/2026

ISLAMABAD: Bahrain withdrew $30 million from Pakistan’s domestic bonds during the first 10 days of FY2026-27 as the Gulf conflict...

Aurangzeb reviews digital overhaul of FBR through Faceless Centre

byCT Report
18/07/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting to review the implementation roadmap and operational...

Next Post

Friday, 1 September 2017

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.