RECIPROCAL TAP
Gulf states find Trump tariff impact comparatively light
Saudi Arabia, the UAE and other GCC states will pay 10% tariffs on goods shipped to the U.S. – similar to what American exporters pay in the region
BRENDAN SMIALOWSKI/AFP via Getty Images
U.S. President Donald Trump holds a country-by-country chart of reciprocal trade tariffs
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The threat of a global trade war set off by U.S. President Donald Trump’s sweeping imposition of import tariffs is leaving Gulf countries on the sidelines.
At the lowest end of the levies that Trump announced on Wednesday are Saudi...