The global trade game just changed — and Iraq is at the center of it!
In a surprise announcement, US President Donald Trump has imposed tariffs of up to 30% on imports from 18 countries, including Iraq. But here’s the twist: Iraq’s oil exports — a major driver of its $9 billion annual trade with the US — remain untouched.
Support My FX Buddies:https://cash.app/$tishwash...https://paypal.me/tishwashGet a free transcript at https://rss.com/podcasts/myfxbuddies/....While these new tariffs have sparked fears worldwide, Iraq might see a unique opening. Trump’s message invites Iraqi companies to invest directly in the US, offering a "special economic window" and promising fast-track approvals for those who relocate or invest.
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In this episode, we break down:
• Why Iraq’s oil exports are exempt — and what that means for their economy.
• The hidden opportunities in Trump’s invitation for Iraqi businesses.
• How these tariffs could encourage Iraq to diversify beyond oil and build new global partnerships.
• The potential risks for Iraqi consumers and local markets.
• What Iraq’s new tariffs on US goods mean in response.
Is this the start of a new trade partnership or the beginning of a rocky economic relationship? Could Iraq transition from oil dependency to a more diversified future thanks to this unexpected policy shift?
🎙️ Join us as we unpack the real story behind Trump’s tariffs, explore how they reshape Iraq’s trade strategy, and what it means for investors, businesses, and everyday citizens.
⭐ Don’t forget to like, subscribe, and share this episode for more deep dives into Iraq’s economy, the dinar, and global trade news!