Pakistan's Ambassador Asim Iftikhar briefed OIC Group of Ambassadors about India's alleged involvement in a deadly attack on tourists in Kashmir, stating that New Delhi poses serious threats to regional peace and security. The US Secretary of State Marco Rubio was urged by Pakistani Prime Minister Shehbaz Sharif to act responsibly amid fears of a military confrontation between nuclear-armed neighbors. Pakistan denies the charges and has vowed to give a "strong" response to any aggression from India, while OIC members expressed full support for Pakistan, calling for de-escalation through diplomatic engagement and urging the resolution of the Kashmir dispute in accordance with UN Security Council and OIC resolutions.
https://www.brecorder.com/news/40360584/pakistan-tells-oic-envoys-india-poses-serious-threats-to-regional-peaceChina is evaluating a US offer for negotiations on tariffs, but insists that Washington must scrap levies of up to 145% on Chinese products before talks can begin. The US has imposed these tariffs since April, while China has responded with its own duties of 125%. Beijing's commerce ministry stated that it was the US that reached out for talks, but emphasized that any discussions would require concessions from the US side. Analysts predict that Beijing will play hardball in negotiations, and that a deal may be difficult to reach due to the deep-seated issues between the two countries, including concerns over trade imbalance and China's technological development.
https://www.geo.tv/latest/602815-china-says-open-to-us-trade-talks-offer-but-wants-tariffs-scrappedIndia plans to take two financial strikes against Pakistan to curb terror funding following the Pahalgam terror attack. The country aims to get Pakistan re-entered onto the Financial Action Task Force (FATF) grey list, where it was removed in 2019. India is also objecting to a proposed $7 billion IMF aid package for Pakistan, seen as a response to the terror attack.
https://indiatoday.in/india/story/india-pakistan-entry-financial-action-task-force-grey-list-terror-funding-pahalgam-attack-2718402-2025-05-02Pakistan's Ambassador to the US, Rizwan Saeed Sheikh, has urged President Donald Trump to intervene in the Kashmir dispute between India and Pakistan, citing it as a "flashpoint" with significant nuclear implications.
https://www.thenews.com.pk/print/1307091-pak-envoy-to-us-urges-trump-to-help-prevent-pak-india-warUS Secretary Rubio has urged Pakistan's Prime Minister and India's counterpart to work towards a responsible resolution over escalating tensions in Indian Illegally Occupied Jammu and Kashmir (IIOJK), with the US State Department Spokesperson Tammy Bruce confirming multiple levels of communication with both governments.
https://www.thenews.com.pk/print/1307407-us-urges-pakistan-india-to-work-towards-responsible-resolutionUS President Trump's statement may have worsened tensions with China, Iran's largest customer, amid strained relations over US tariffs. In October, the US Energy Information Administration reported that China took nearly 90% of Iran's crude oil and condensate exports in 2023. As a result, the US imposed 145% tariffs on China to raise federal revenues and rebalance global trade.
https://globalnews.ca/news/11159776/trump-iran-oil-sanctions-threat/The US has imposed tariffs on countries in the Middle East, North Africa, and Central Asia, including Pakistan, with rates ranging from 10% to 40%. This may impact Pakistan's economy, particularly its reliance on the US market for exports. The International Monetary Fund (IMF) has revised Pakistan's growth forecast for FY2025 downward by 0.6 percentage points due to trade uncertainty. Inflation is expected to ease in 2025 and beyond, but borrowing costs are likely to remain elevated for countries like Egypt, Jordan, and Pakistan, with effective interest rates staying above pre-pandemic averages.
https://www.thenews.com.pk/print/1307410-higher-export-reliance-on-us-market-imf-cautions-pakistan-over-us-tariff-adjustmentsThe US has approached China to discuss President Donald Trump's 145% tariffs, according to a social media account affiliated with Chinese state media. Treasury Secretary Scott Bessent and White House economic adviser Kevin Hassett expressed hope for progress in easing trade tensions. China has created a list of US-made products exempt from its retaliatory tariffs, including pharmaceuticals, microchips, and jet engines, as it seeks to ease the duties' impact.
https://www.thenews.com.pk/print/1307361-us-wants-to-start-tariff-talks-with-china-says-state-mediaChina will host the fourth ministerial meeting of the China-CELAC Forum in Beijing, marking an important diplomatic effort to strengthen ties with Central and Eastern European countries. In a recent video address, Chinese President Xi Jinping discussed climate change and sustainable development during the Leaders Meeting on Climate and the Just Transition on April 23, highlighting China's commitment to global cooperation and environmental protection.
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