For limits near \(0\), use the standard approximations:
\[
\tan t\sim t
\]
and
\[
1-\cos t\sim \frac{t^2}{2}.
\]
Also,
\[
\frac{1-\tan A}{1+\tan A}
=
\tan\left(\frac{\pi}{4}-A\right).
\]
Step 1: Substitute \(t = \pi/2 - x\) so \(t \to 0\). Then \(x = \pi/2 - t\), \(\sin x = \cos t\), \(\pi - 2x = 2t\), and \(\tan(x/2) = \tan(\pi/4 - t/2)\). First factor: \(\dfrac{1-\tan(x/2)}{1+\tan(x/2)} = \tan\!\left(\dfrac{\pi}{4}-\dfrac{x}{2}\right) = \tan\!\left(\dfrac{t}{2}\right) \approx \dfrac{t}{2}\).
Step 2: Simplify the second factor. \(1-\sin x = 1-\cos t \approx \dfrac{t^2}{2}\). \((\pi-2x)^3 = (2t)^3 = 8t^3\). Second factor \(\approx \dfrac{t^2/2}{8t^3} = \dfrac{1}{16t}\).
Step 3: Multiply and take the limit. \(\dfrac{t}{2} \cdot \dfrac{1}{16t} = \dfrac{1}{32}\). \[ \boxed{\dfrac{1}{32}} \]