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

President al-Alimi calls on EU to move from crisis management to eliminating Houthi threat, strengthening security, economic partnership

His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) met with the High Representative of the European Union (EU) for Foreign Affairs and Security Policy, Kaya Kallas, on the sidelines of the Munich Security Conference.

German Chancellor Says Europe Must Stand Strong

German Chancellor Friedrich Merz has called on Europeans to strive for greater autonomy, emphasizing the need for Europe to defend itself using its own capabilities, given the shift in transatlantic relations.

China's foreign exchange reserves rise to $3.3991 trillion

China's total foreign exchange reserves made $3.3991 trillion at the end of last January, marking an increase of $41.2 billion, or 1.23 percent, compared to the end of December last year.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/02/15 Time 10:05:05
Latest News:

President al-Alimi praises Finland's support for Yemen

PLC Member al-Muharrami Reviews Plans of Social Affairs and Labor Ministry in Riyadh

Leadership Council Chairman Meets Bahrain's Foreign Minister, Emphasizes Gulf Support

Leadership Council Chairman Meets US Senior Adviser to Discuss Support for State and Countering Iranian ..

Leadership Council Chairman Discusses with Dutch PM European Support to End Houthi Terror Threat

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.