Trump’s 39% Tariff on Iraqi Imports Disrupts Harir Factory Operations and Exports

Date:

Share post:

The recent decision by U.S. President Donald Trump to impose a 39% tariff on Iraqi imports has significantly impacted the operations at the Harir factory, which primarily exports products like tomato sauce and pizza sauce to the U.S. market. Announced on April 2, 2025, this tariff is part of a broader series of trade measures, and it has made it more challenging for the factory to maintain its competitiveness in the U.S. market. The factory had also been relying on other domestic products, including potatoes, tomatoes, rice, and sawar, for export before the tariff was enacted.

Shwan Hamid, the director of the Harir Tomato Paste factory, expressed concerns about the potential damage this decision could cause. He stated that the new tariff will severely hinder the factory’s ability to export products to the United States, as the higher costs make Iraqi goods less competitive compared to those from other countries. Hamid also urged for special trade facilitation from the U.S. Consulate and the Foreign Relations Office, especially given the historical economic challenges Iraq has faced. He highlighted that Iraq’s trade balance traditionally favors imports over exports, meaning the tariff is likely to have significant negative effects on the country’s economy.

Related articles

Oil Prices Fall as Brent Crude Drops Below $79 per Barrel

Global oil prices declined on Thursday after the United States and Iran signed an agreement aimed at easing...

Kurdistan’s Water Projects Raise Groundwater Levels and Strengthen Climate Resilience

The Kurdistan Regional Government (KRG) has expanded its dam and pond projects to improve water security. Officials say...

China and Kurdistan Region Emphasize Technology and Cultural Dialogue at International Day Event

China and the Kurdistan Region reaffirmed their commitment to cultural dialogue, technology, and international cooperation during an event...

Kurdistan Government to Set Wheat Purchase Prices for Farmers

The Kurdistan Regional Government (KRG) plans to set new prices for wheat produced by local farmers. The government...