Arab economies under pressure as US tariffs threaten non-oil exports

The United Arab Emirates could see disruptions to roughly 10 billion dollars in US-bound re-exports, a result of US tariffs on goods originally produced in third countries, said the brief. Read further on Dynamite News

Beirut: A sharp rise in US trade protectionism is placing Arab economies under mounting pressure, endangering 22 billion U.S. dollars worth of non-oil exports, according to a policy brief released Saturday by the United Nations Economic and Social Commission for Western Asia (ESCWA).

Jordan: Most Vulnerable

Jordan emerges as the most vulnerable, with nearly a quarter of its total exports bound for the United States.

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Jordan is an Arab nation on the east bank of the Jordan River. The country is defined by ancient monuments, nature reserves and seaside resorts. It’s home to the famed archaeological site of Petra, the Nabatean capital dating to around 300 BC Set in a narrow valley with tombs, temples and monuments carved into the surrounding pink sandstone cliffs, Petra earns its nickname, the "Rose City." The Capital of Jordan is Amman.

 

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Bahrain is also flagged due to its heavy dependence on aluminum and chemical exports to the U.S. market.

Bahrain is officially the Kingdom of Bahrain. It is an island country in West Asia and is situated on the Persian Gulf. Bahrain comprises a small archipelago made up of 50 natural islands and an additional 33 artificial islands, centered on Bahrain Island which makes up around 83 percent of the country's landmass. The capital of Bahrain is Manama.

Meanwhile, the United Arab Emirates could see disruptions to roughly 10 billion dollars in US-bound re-exports, a result of U.S. tariffs on goods originally produced in third countries, said the brief.

US Warns Financial Strains

The United Nations Economic and Social Commission for Western Asia (ESCWA) brief also warns of growing financial strains across Gulf Cooperation Council (GCC) economies, which are contending with a sharp drop in global oil prices.

Further financial challenges loom for non-GCC states. ESCWA projects that Egypt, Morocco, Jordan, and Tunisia will collectively face an additional 114 million dollars in sovereign interest payments in 2025, driven by rising global bond yields amid investor uncertainty. These higher borrowing costs risk tightening national budgets and delaying development initiatives, it said.

Earlier this month, U.S. President Donald Trump signed an executive order amid widespread opposition, imposing so-called "reciprocal tariffs" on its trading partners worldwide.