However, the Trump administration did not speak against Pakistan’s strategic nuclear assets, as opposed to the Obama administration. Pakistan and Iran have been working for quite a long time to open bank branches in each other’s country. “Since President Trump came to office, our trade balance with the US came down to $1.8 billion per annum (FY16-FY20) versus $2.7 billion (FY06-FY15) in the Obama tenure. In addition, workers’ remittances from the US averaged $2.5 billion in the past 10 years - 14% of the total (FY11-FY20). Biden advocates a free trade economy unlike Trump’s protectionist stance.
Source: The Express Tribune November 07, 2020 05:26 UTC