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

Amb. Nagy Briefs Senior Hungarian Official on Developments in Yemen

The Charge d’ Affaires of the Republic of Yemen Embassy in Budapest Ahmed Nagy discussed today with Hungary’s Deputy Minister of State for Developing Relations with the South at the Foreign Ministry, Ivan Medvesky, bilateral relations and cooperation between the two countries.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

Brent Crude Futures Rise 12 Cents

Oil prices remained mostly unchanged in early Asian trading on Thursday following gains from the previous session and a sharp monthly increase.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/10/06 Time 02:56:08
Latest News:

Amb. Nagy Briefs Senior Hungarian Official on Developments in Yemen

President al-Alimi Receives Written Message from Emir of Qatar

US Secretary of State: Yemeni Forces Seek to Regain Territory, Saudi Arabia Has Right to Defend Itself

President al-Alimi Announces Launch of “Fajr al-Yemen” Operation to Restore State Institutions, Liberate ..

Yemen Scholars’ Association Supports Launch of Operation Yemen Dawn

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.