Maybe, Pakistan Will Sell Oil To India Someday: Trump After Striking Deal With Islamabad

International

-Prakash KL

Updated: Thursday, July 31, 2025, 8:46 [IST]

US
President
Donald
Trump
on
Thursday
announced
a
massive
oil
deal
with
Pakistan.
This
comes
shortly
after
imposing
a
25%
tariff
on
Indian
imports,
citing
trade
imbalances
and
India’s
Russian
oil
purchases.

In
a
statement
on
his
social
media
platform
Truth,
Trump
stated
that
Islamabad
might
sell
oil
to
New
Delhi
someday.

Trade
Discussions
and
Tariff
Adjustments

In
the
Truth
Social
post,
Trump
said,
“We
have
just
concluded
a
Deal
with
the
Country
of
Pakistan,
whereby
Pakistan
and
the
United
States
will
work
together
on
developing
their
massive
Oil
Reserves.
We
are
in
the
process
of
choosing
the
Oil
Company
that
will
lead
this
Partnership.
Who
knows,
maybe
they’ll
be
selling
Oil
to
India
some
day!” Trump
stated.

He
also
mentioned
ongoing
talks
with
various
global
leaders
about
trade
deals.
He
highlighted
that
many
countries
are
eager
to
please
the
US.
“We
are
very
busy
in
the
White
House
today
working
on
Trade
Deals,” he
stated.
Trump
also
noted
an
upcoming
meeting
with
South
Korea’s
trade
delegation
regarding
their
current
25%
tariff.

The
US
is
actively
negotiating
tariff
reductions
with
several
nations.
Trump
emphasized
that
these
efforts
aim
to
significantly
lower
the
US
trade
deficit.
“Likewise,
other
Countries
are
making
offers
for
a
Tariff
reduction,”
he
added.
A
comprehensive
report
will
be
released
later.’

Focus
on
Agriculture
and
Market
Access

Agriculture
and
dairy
sectors
remain
contentious
between
India
and
the
US.
The
US
seeks
more
access
for
its
agricultural
products
like
apples
and
tree
nuts
in
India
to
address
trade
imbalances.
Richard
Rossow
from
Washington’s
Center
for
Strategic
and
International
Studies
noted
India’s
need
to
protect
its
agriculture
sector
for
economic
reasons.

India,
in
exchange
for
any
concessions,
wants
preferential
access
for
its
labor-intensive
exports.
These
include
textiles,
garments,
gems,
jewelry,
leather
goods,
and
specific
agricultural
items
such
as
shrimp
and
bananas.
Such
access
is
vital
for
job
creation
in
India.

The
new
tariffs
on
Indian
imports
will
take
effect
from
August
1.
Trump’s
decision
stems
from
concerns
over
Washington’s
trade
deficit
with
New
Delhi
and
India’s
purchase
of
Russian
oil.

It
has
to
be
noted
that
a
cryptocurrency
venture
connected
to
Trump’s
family
signed
a
high-stakes
deal
with
Pakistan’s
Crypto
Council
in
April.
The
deal
was
formalised
just
days
after
the
Pahalgam
attack
in
Kashmir
in
which
26
civilians
were
killed.

Trump’s
sons
Eric
and
Donald
Jr.
hold
a
majority
stake
in
the
World
Liberty
Financial
(WLF),
a
blockchain
investment
firm
which
signed
a
preliminary
agreement
with
the
Pakistan
Crypto
Council
in
April,
according
to
a
report
in
The
Times
of
India.