Jordanian-American deal cuts tariffs to 10%
Jordan and the United States of America have signed an agreement to strengthen bilateral trade relations. The agreement includes reducing customs duties on Jordanian goods to 10% and easing the entry of products into the U.S. market, particularly in the clothing and textiles sectors. The goal is to boost Jordanian exports, which amounted to 595 million dinars in the first quarter of the year, by improving trade exchange procedures, protecting intellectual property rights, promoting digital trade, and opening new markets. Jordan will continue to provide customs exemptions on American exports. The agreement also aims to support increased cooperation in the services and investment sectors, develop supply chains, and promote fair trading practices between both countries.
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