…This accelerates the monetary reform agenda, forcing Iraq to revalue the Dinar to match economic strength and limit reliance on dollar-linked markets.
A currency must rise when under external pressure — this tariff could be the external pressure that provokes RV activation.
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Trump stated in the letter to Iraqi Prime Minister Mohammed Shia al-Sudani: “Starting on August 1, 2025, we will charge Iraq a tariff of only 30% on any and all Iraqi products sent into the United States, separate from all sectoral tariffs.”
