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This new Liberty Chowk episode offers a comprehensive breakdown of Pakistan’s new tariff policy and why economists, exporters, and industry leaders are calling it a major step toward a more competitive economy. We compare the new structure with the previous five-year tariff framework and explain how the latest reforms lower the cost of doing business, streamline customs procedures, and move Pakistan toward a predictable, investment-friendly trade regime. The conversation highlights the impact of tariff rationalization on manufacturing, SME growth, industrial value chains, and export competitiveness, especially in sectors such as textiles, engineering goods, and agriculture. We also examine the broader economic implications, including how reduced tariffs can improve market efficiency, attract foreign investment, and support long-term economic stability. In addition, the episode connects these reforms with developments under CPEC, showing how better infrastructure, improved logistics, and a simplified tariff system can work together to boost industrialization, enhance regional trade, and strengthen Pakistan’s integration into global supply chains. Explore More from PRIME: 🔹 Watch our full Liberty Chowk Playlist: • Liberty Chowk 🔹 Part 1: • China Eliminated Poverty, Why Can't Pakist... Follow Us On Social Media Stay connected for real-time policy updates: Twitter: / primepk Facebook: / primeinstitute LinkedIn: / primeinstitute Instagram: / primeinstitutepk Subscribe to our Monthly Newsletter: https://substack.com/@primethinktank For Collaborations or Press Inquiries: [email protected] About Us: The Policy Research Institute of Market Economy is dedicated to generating high-quality research on market-oriented solutions for Pakistan's economic challenges. Our goal is to inform public policy and foster a deeper understanding of the economy.