UN-ESCWA warns of repercussions of US tariffs on Arab economies

Member of Presidential Leadership Council al-Alimi Receives German Ambassador

Member of the Presidential Leadership Council Dr. Abdullah al-Alimi met Tuesday with Ambassador of the Federal Republic of Germany to Yemen Thomas Schneider, discussing with him the latest developments in Yemen.

Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff

Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.

More than 1,500 flights canceled in U.S. amid ongoing government shutdown

Airlines canceled more than 1,500 flights in the United States today, Monday, for the fourth consecutive day, amid continued government flight reductions and the absence of air traffic control staff.

Paris Saint-Germain Claims Top Spot in Ligue 1 After Thrilling Win Over Lyon

Paris Saint-Germain (PSG) secured a hard-fought 3-2 victory over Lyon on Sunday in the twelfth round of the French Ligue 1, taking sole leadership of the league standings.

Last Update: ، 2025/11/11 Time 05:33:19
Latest News:

Member of Presidential Leadership Council Dr. Abdullah al-Alimi Meets UN Envoy to Yemen

Djiboutian President receives Minister of Planning and International Cooperation

Governor of Aden praises Dutch support for water services in Aden

Charge d'Affaires in Damascus Discusses Boosting Economic Ties with Syrian Chamber of Commerce

Houthi terrorist militias blamed for 24 thousand violations in Dhamar governorate in ten years—Report

UN-ESCWA warns of repercussions of US tariffs on Arab economies

[20/04/2025 11:28]

BEIURT-SABA
The United Nations Economic and Social Commission for Western Asia (ESCWA) has warned of the repercussions of the new tariffs imposed by the United States of America on the economies of Arab countries.

The ESCWA affirmed that the US newly imposed tariffs threaten non-oil Arab exports to the US market estimated at $ 22 billion.

Arab exports to the United States declined from $91 billion in 2013 (equivalent to 6 percent of the region's total exports) to only $48 billion in 2024 (3.5 percent), as a result of Washington's lower imports of crude oil and petroleum products.

On the other hand, non-oil exports from Arab countries to the United States recorded remarkable growth, rising from $ 14 billion to $ 22 billion during the same period, in an indication of increasing economic diversification that is now threatened by US protectionist measures.