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

Japan Grants $1.9 Million to Support Food Security in Yemen

Japan has signed a $1.9 million grant agreement with the World Food Programme (WFP) to strengthen food security in Yemen, with the funding expected to provide emergency food assistance to nearly 700,000 vulnerable people across the country.

U.S. Extends Work Permits for Temporary Protected Status Holders

The U.S. administration has extended work permits for hundreds of thousands of migrants from Haiti and six other countries who are protected under the Temporary Protected Status (TPS) program, just hours before the permits were due to expire.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

France Advance to World Cup Quarterfinals, Set Up Morocco Clash

France secured a place in the quarterfinals of the 2026 FIFA World Cup after edging Paraguay 1-0 in their Round of 16 encounter.

Last Update: ، 2026/07/16 Time 04:03:18
Latest News:

Sudan Denounces Direct Tehran-Sana'a Flights, Backs Yemen's Government

Yemen Seeks Stronger Arab Industrial Cooperation at Ministerial Meeting

Prime Minister : We're Determined To Establish Transparency, Governance

European Union Reaffirms Support for Yemen's Unity, Sovereignty

President al-Alimi Offers Condolences to Emir of Qatar on Death of Father Emir Sheikh Hamad bin Khalifa ..

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.