US Tariff Reduction Opens New Doors for Pakistan’s Auto Exports
Tariff cut from 29% to 19% by the US opens major export windows for Pakistan’s auto sector—cars, tractors & motorcycles set to drive growth.
The United States has announced a major tariff reduction on automobile imports from Pakistan, cutting duties from 29% to 19%. According to Federal Minister for Industries and Production Rana Tanveer Hussain, this policy shift creates fresh opportunities for the country’s auto sector to expand in the lucrative US market.
The minister noted that the reduced tariff will benefit car, tractor, motorcycle, and auto parts manufacturers, enabling them to offer more competitive prices abroad. He emphasized that this move could significantly boost exports, create new jobs, and strengthen the industrial base of Pakistan.
Industry experts believe the tariff cut could encourage foreign investment in Pakistan’s auto industry, improve technological collaboration, and open the door for long-term trade partnerships with US companies.
The government plans to work closely with manufacturers to ensure that Pakistani vehicles and parts meet international quality standards, ensuring sustained growth in this high-potential export market.
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