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Morocco, Egypt could gain edge in Europe and America from new US tariffs

Summary by einnews.com
… This comes as US President Donald Trump imposed tariffs on … around 125 countries. Egypt, Saudi Arabia, the UAE, and Morocco saw tariffs of … tariff. Syria saw a 41% tariff, Libya 31%, and Iraq 39%. … to view Morocco as a cheaper supplier than Spain for goods …
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The world is in the midst of a trade war that shakes the global economy, a war initiated by the President of the United States (US), Donald Trump, with higher and stricter tariffs than ever before. In this context, it is interesting to see how Morocco has managed to remain in a privileged position vis-à-vis other trading powers, both European and Asian, thanks to a more favourable tariff treatment than that applied to countries like Spain or Chi…

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El Faro de Ceuta broke the news in on Wednesday, April 9, 2025.
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