China US trade war: Pakistan to emerge as beneficiary
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ISLAMABAD - China US trade war will emerge as blessing in disguise for Pakistan.
Pakistan has been named alongside Malaysia and Japan amongst the top three countries that could be beneficiaries of import substitution precipitated by a US-China trade war intensification, said Nomura Securities strategists.
The analysis conducted by Nomura Securities is founded on an exhaustive study of 7,705 items which will be hit by tariffs and counter-tariffs by US and China if the trade tensions continue.
