US cuts Jordanian tariffs to 10%
Jordan and the United States signed a mutual trade agreement aimed at strengthening economic relations between the two countries. Washington committed to reducing tariffs on Jordanian goods to 10 percent. The agreement also granted the textile and apparel sector more favorable access to the U.S. market, boosting Jordan's exports, which reached $850 million in the first quarter of this year. Additionally, strong trade relations continued with Royal Jordanian Airlines purchasing six Boeing 787-9 aircrafts valued at $1.4 billion, and signing long-term leasing agreements worth $500 million.
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