Beyond Tariffs: Building a Mutually Beneficial Relationship between US and Iraq

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Beyond Tariffs: Building a Mutually Beneficial Relationship between US and Iraq

Beyond Tariffs: Building a Mutually Beneficial Relationship between the United States and Iraq

The Trump administration imposed a 30 per cent tariff on Iraqi exports to the United States in 2019, citing a lack of reciprocity in bilateral trade, though oil exports were exempt from the measure.

While the tariffs do not directly alter the U.S. trade deficit with Iraq, they may indirectly affect revenues through lower oil prices amid weakening global demand.

The study calls for policies that strengthen the U.S.-Iraq Strategic Framework Agreement, shifting from tariff disputes towards a broader, mutually beneficial partnership across political, economic, cultural, and security domains.

Click here to read the full report [Arabic].