Policy
By: admin
1 min read
Washington Imposes New Tariffs on Imports from Eleven Arab Countries, Including Iraq
The United States has approved a 12.5% tariff on imports from 11 Arab countries, a move reflecting the US administration's efforts to bolster its protectionist policies and rebuild its customs system. The list includes Iraq, Saudi Arabia, the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Algeria, Libya, and Morocco, while imports from Jordan face a 10% tariff. These measures are based on trade investigations concerning anti-forced labor standards, with the decisions also affecting several advanced global economies. Vital sectors such as fuel, food, and pharmaceuticals are exempt from these tariffs, as Washington seeks to implement trade policies aligning with its new legal and economic frameworks.