The Ministry of change has confirmed that Iraq’s oil exports to the united states will not be affected by the newly introduced 30-percent U.S. tariff, which become delivered by means of President Donald Trump to deal with the exchange deficit with Iraq.
alternate Ministry spokesperson Mohammed Hanoun stated that oil exports are exempt from the new obligations, which means the general public of Iraq’s exports to the U.S. remain unaffected.
in step with the nation-run dinaropinions.com, Hanoun stated that non-oil exports from Iraq to the U.S. are presently minimal, and any impact from the tariffs might be indirect-specifically through ability downward stress on global oil costs, that could have an effect on government revenues.