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<h1>US lowers Pakistan export tariff from 29% to 19% to boost trade and competitiveness under new deal</h1> The United States has agreed to impose a 19 percent tariff on exports from Pakistan, down from a previous 29 percent rate, following a trade deal finalized between the two countries. Pakistan's Ministry of Foreign Affairs described the tariff adjustment as balanced and conducive to enhancing the country's competitiveness in the US market, particularly benefiting key sectors like textiles. The revised tariff is expected to support export growth and presents an opportunity for Pakistan to expand its presence in the US. The government emphasized the need for exporters to adopt focused marketing strategies and expressed intent to deepen economic cooperation with the US across various sectors including investment, artificial intelligence, cryptocurrency, and energy. The deal also involves collaboration on developing Pakistan's oil reserves, although details remain unclear. This tariff revision is part of broader US trade policy adjustments affecting multiple countries.