World Trade War US President Donald Trump performed No sign appears to decline, with a tariff of nipples that weaken major economies and stock markets in the tanks and stop growth.

The relevant economies – North America, the European Union and China – face a very uncertain future. But for the Middle East, which has not yet escaped the additional fees, there are still reasons for concern – as well as opportunities to benefit from them.

Economists say the direct impact of customs tariffs, such as American graphics on steel and aluminum imports, has little impact on the Middle East. Gulf region, for example, represents Almost 16 % of American aluminum imports in 2024Under the leadership of the United Arab Emirates and Bahrain. Analysts say these sectors may be affected, as analysts say, the strike will be simple.

But it is likely that the growth blow from the trade war is likely to hurt the price of oil, which is the mainstay of the region’s economy. There are also immediate costs for countries whose currencies are linked to dollars, such as Saudi Arabia, the United Arab Emirates, Qatar, Oman and Bahrain.

the The US dollar has been sold Since the beginning of the year, imports for countries with dollar pegs have made more expensive – a challenge to the region that largely depends on goods from abroad.

The trade definitions implemented by the United States usually make Greenback stronger over time – if this happens, oil becomes more expensive, as the commodity is traded in dollars. This would give an initial boost to the oil -source Middle East.

But bad news may await us while slowing the demand for oil due to poor global trade and shipping.

“The total expectations of the sexually transmitted Middle Organization (the Middle East and North Africa) will be installed due to the universal uncertainty in the customs tariff indirectly through oil prices, to the extent that the hateful of micro certainty is still a preposition to the clouds Brent oil pricesSalim told CNBC.

Since the shock of oil prices for the year 2014, many of these economies have implemented structural reforms and diversification programs in an attempt to reduce their dependence on oil revenues.

“The enhancement of the flexibility of domestic demand is still the best crane to fortify local economies from global external shocks, from our point of view,” Selim said.

Despite the diversification efforts, oil “still represents the largest share of income,” said Edward Bell, the acting chief economist at the Emirates Bank in Dubai.

“With regard to an economy like the United Arab Emirates, which is very open to trading and works as a global commercial facilitator through extensive infrastructure and logistics, the decline in global trade will also be the opposite winds imposed externally for growth.”

The strongest greenery also means that the debts in the dollar are more expensive to serve. For Lebanon, Jordan and Egypt, which has a special level of external debt, this is a great concern and can cause severe economic pain.

Jordan is the most vulnerable country in the region in the wars of customs tariffs because of its high dependence on its export to the United States, according to James Sanston, the chief economist in emerging markets in Capital Eightingx, based in London. Nearly 25 % of Jordan’s exports – especially textiles and jewelry – go to the American market.

“Jordan’s economy is the most exposed to potential definitions,” Sanston told CNBC.

However, the country may find some decline in its diplomatic relations in Washington-“an exercise” has been secured regarding US foreign assistance after the US Agency for International Development “was suspended” due to the strategic importance of Jordan in US foreign policy, and Sanston pointed out. “This may indicate that Jordan can somewhat easily negotiate due to the effects of customs tariffs.”

One of the important and positive changes for the Middle East and North Africa region is the payment of more geographical trading corridors.

“For Mina, we believe this will add momentum to rapidly growing commercial corridors, such as the Corridor of the Trade in the Gulf Cooperation Council countries, which witnessed a 15 % long -term growth and benefits more,” said Selim.

It sees an increase in trade volumes in a parallel increase in financial flows and investment between the Gulf states and Asia in particular, “with Asian companies the presence of the Middle East or the expansion of current companies, adding momentum to the organic growth that we have noticed since then [China’s] Belt and Road Initiative.