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Nissan has halted new US orders for Mexican-built Infiniti SUVs amid rising trade tensions. The Gulf Cooperation Council (GCC) faces a 10% US tariff, impacting sectors like electronics and automobiles, while oil exports remain exempt. Regional equity markets reacted negatively, with declines across most indices, reflecting concerns over indirect effects on key industries.
Japanese stocks are poised for their largest weekly decline since 2020 amid tariff concerns, as Gulf Cooperation Council nations face a 10% US tariff under Trump's new trade policy. While oil exports remain exempt, sectors like aluminum and petrochemicals may suffer from rising costs and supply chain disruptions. Regional equity markets reacted negatively, with significant declines in the UAE, while Qatar's indices showed resilience, reflecting its diversified economic positioning.
Gulf Cooperation Council (GCC) nations face a 10% US tariff under new trade policies, impacting sectors like aluminum and petrochemicals, while oil exports remain exempt. Regional equity markets reacted negatively, with declines in most GCC indices, except Qatar, which saw gains. Analysts warn of rising costs and supply chain disruptions, urging GCC businesses to diversify trade relationships and strengthen compliance to mitigate risks.
Hamza Dweik
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Hamza Dweik
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15:00 04.04.2025
GCC faces economic challenges amid new US tariffs and trade tensions
05:30 04.04.2025
us tariffs impact gcc economies while oil exports remain exempt
15:14 03.04.2025
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