21 Hrs
Source:
وكالة بغداد اليوم الاخبارية
Iraq Among Countries with U S Customs Duties
The United States has imposed a 12.5% customs duty on imports from 11 Arab countries, including Iraq, starting today, Friday, July 24, 2026. The measure aims to rebuild the customs system of the previous government. The countries affected include Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Bahrain, Oman, Egypt, Algeria, Libya, and Morocco, while Jordan faces a lower rate of 10%. This step follows a trade investigation concerning anti-forced labor standards and seeks to protect domestic production from goods that do not comply with fair labor requirements. Exemptions include fuel, food, fertilizers, medical products, and cars. This is the largest such measure since the previous tariffs were lifted by the Supreme Court.
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