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Economist: Trump's Tariffs Do Not Include Oil And Gas, Making Iraq Immune To Their Impact.
Time: 2025/04/04 23:58:20 Reading: 345 times {Economic: Al Furat News} Economic expert Salah Nouri confirmed that the
customs duties announced by US President Donald Trump
do not include oil, gas, and their derivatives,
which leaves Iraq immune from the impact of these duties. Nouri told Al Furat News that
the current decline in oil prices is due to market fears of a trade war.
He explained that the outbreak of such a war could lead to a
slowdown in global
economic growth and, consequently, a
decline in demand for oil and gas, particularly from China and India. He pointed out that
Iraq is indirectly affected by the
decline in oil prices, as well as the
strict measures imposed by the US Treasury on dollar transfers resulting from oil sales, which are implemented by the US Federal Reserve.
https://alforatnews.iq/news/خبير-اقتصادي-رسوم-ترامب-لا-تشمل-النفط-والغاز-ما-يجعل-العراق-بمنأى-عن-تأثيرها