Pakistan, Aug. 6 -- The United States has reduced its tariff rate on Pakistani goods to 19%, slightly lower than rates on regional competitors. India, Bangladesh, Vietnam, and Sri Lanka face U.S. tariffs ranging from 20% to 25%. This move gives Pakistan a potential edge in the American market. Experts say the decision reflects improved diplomatic efforts. However, they also warn that the benefit could be lost if key economic issues remain unaddressed.

Despite the tariff cut, Pakistan's exports may not grow much. Economists and business leaders blame high production costs. Energy prices, expensive loans, and reduced export incentives are the main hurdles. These factors make Pakistani goods more expensive globally. Experts stress that the ...