BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//7.2.3.1//EN TZID:America/Detroit X-WR-TIMEZONE:America/Detroit BEGIN:VEVENT UID:34355@arabamerica.com DTSTART;TZID=America/Detroit:20250508T100000 DTEND;TZID=America/Detroit:20250508T113000 DTSTAMP:20250501T173108Z URL:https://www.arabamerica.com/events/the-trump-tariffs-and-mena-economie s-implications-of-the-global-trade-war/ SUMMARY:The Trump Tariffs and MENA Economies: Implications of the Global Tr ade War DESCRIPTION:ZOOM\n\nWebinar with Amal Ahmad\, Bessma Momani\, Manal Shehabi \, and Tarik M Yousef\n\n \;\nAbout the Webinar\nAs part of his ‘Ame rica First’ policy and in an attempt to close the US trade deficit\, Pr esident Donald Trump announced sweeping trade tariffs targeting almost eve ry country in the world. Countries in the MENA region were affected differ ently by Trump’s increased tariffs. The United Arab Emirates\, Qatar\, a nd Saudi Arabia were subjected to the baseline 10%\, while Jordan and Moro cco were hit with tariffs up to 20%\, and other countries like Algeria\, S yria\, Tunisia\, and Iraq were hit with higher tariffs of 28-40%. Trump’ s tariffs caused initial shockwaves in the global financial markets before a 90-day suspension was put in place\, but Trump’s recent statements in dicate that the suspension will likely be temporary. The MENA region has a lready been impacted through a drop in oil prices and increases in product ion levels\, economic uncertainty and dampened growth\, and a slowdown in investments and economic diversification\, which might also lead to spendi ng cuts and increased taxation. Additionally\, the region’s strategic po sitioning at the crossroads of global trade is likely to be affected by ch anges in the supply chains and trade volumes\, while the pegging of some M ENA currencies to the dollar could raise inflation levels in those economi es.\nArab Center Washington DC (ACW) is convening a panel of experts to di scuss the details of Trump’s tariff policies and the ensuing global trad e war\, as well as their impacts on the economic\, political\, and geostra tegic developments in the Middle East and North Africa (MENA) region. Wha t formula was used to calculate the tariff rates for the Arab countries? W hat are the short- and long-term implications of these tariffs on differen t countries in the MENA region? What role do trade agreements between the US and Arab countries like Jordan play? How do tariffs impacts countries u nder US sanctions like Syria? How would oil-dependent economies react? Wha t products are exempt from the new tariffs and how would that affect marke ts? How would the 17% rate imposed on Israel impact US-Israeli relations? How do we expect the Trump administration to proceed with these trade poli cies? How would potential Ukraine-Russia and US-Iran agreements and liftin g of sanctions impact the global and MENA markets? What are the political and geostrategic implications of the resulting global trade war and increa sed Chinese influence? Are there viable opportunities for Arab countries t o benefit from diversified supply chains and increased local production an d exports? ATTACH;FMTTYPE=image/jpeg:https://www.arabamerica.com/wp-content/uploads/2 025/05/Screenshot-2025-05-01-at-1.31.16 PM.png END:VEVENT BEGIN:VTIMEZONE TZID:America/Detroit X-LIC-LOCATION:America/Detroit BEGIN:DAYLIGHT DTSTART:20250309T030000 TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT END:DAYLIGHT END:VTIMEZONE END:VCALENDAR