Friday, April 4, 2025
Estimated at $6 billion, the US aims to reduce its trade surplus with Iraq through customs duties, 5 APRIL
Estimated at $6 billion, the US aims to reduce its trade surplus with Iraq through customs duties.
The United States has imposed tariffs on Iraqi exports as part of an economic policy aimed at narrowing the trade gap between the two countries. This move is part of US President Donald Trump's strategy, which has targeted several countries that have a trade surplus with the United States.
According to economic researcher Ziad Al-Hashemi, "Iraq currently enjoys a trade surplus estimated at approximately $6 billion, most of which stems from oil exports to refineries in Texas and California, which Washington is seeking to reduce by imposing customs duties on Iraqi exports."
Al-Hashemi explained in a blog post followed by the Iraq Observer that the US administration aims to achieve several goals through these tariffs, most notably:
• Reducing Iraq's trade surplus by making its exports to the United States less competitive.
• Encouraging Iraq to increase its imports of American products, which could strengthen trade relations between the two countries for the benefit of American companies.
• Influencing Iraqi economic policy by pushing Baghdad to open its economy more broadly to American investments and companies.
Al-Hashemi emphasized that "Iraq has alternative options if these tariffs continue to be imposed, most notably redirecting its oil exports to other markets, which could negatively impact American companies that rely on Iraqi oil, in addition to the possibility of higher fuel prices in the United States."
He pointed out that "the door to negotiations between Baghdad and Washington remains open, as the Iraqi government seeks solutions to minimize the impact of these tariffs on its economy, emphasizing that Iraq possesses powerful leverage, most notably the importance of its oil in meeting some of the needs of the American market."
The Iraqi economic community is awaiting developments in this crisis, amid fears that US pressure will force Iraq to make economic concessions or increase its reliance on alternative markets to avoid potential losses. link
JUDY NOTES : Possible Timing, Global Currency Reset!!, 5 APRIL
JUDY NOTES
Possible Timing, Global Currency Reset
- Thurs. 3 April 2025: EBS Activation complete. Worldwide Black Swan. President Trump will send out five more presidential messages. (clock on Q ticks to Wed. 2 April 11 pm EST). …Steve Bannon on Telegram
- On Tues. 25 March 2025 President Trump activated the new gold/asset-backed Global Quantum Financial System (QFS) powered by XRP.
- Tues. 25 March 2025 Mr. Pool: Reports from Reno suggest that the first batches of ZIM holders have been escorted under military guard to classified exchange points. https://youtube.com/shorts/58vCWW6nF2I?si=dXFLae2cxuwWaOVL
- On Tues. 25 March at 2am EST Tier 3 and T4a Paymasters were made LIQUID. …Mel on BOOM Call https://youtube.com/shorts/YROMaOM2teU?si=epS3U5ogG6hkA3Ge
- Thurs. 27 March 2025 Bruce: Bond Holder Paymasters were saying Bond Holders would have access to their accounts last weekend. As of ten am Thurs. 27 March 12% of Bond Holders had gone through. Multiple sources said Tier4b (Us, The Internet Group) would likely get notification to set appointments very soon. The full revaluation will happen after Tues. 1 April 2025. The month of April will see an increase in Social Security payments. On Thurs. 27 March the 800 number was being loaded into the various systems.
- On Mon. 31 March 2025 Nesara Gesara was made official throughout the World. …White House Post on Telegram
- On Mon. 31 March 2025 a high level contact reported that Tier4a (SKRs, Groups) started exchanging today Mon. 31 March. They anticipated that Tier4b (Us, the Internet Group) would begin exchanges by around Thurs. 3 April.
Revealing the date of the 2025 budget tables to arrive in parliament, 4 APRIL
Baghdad Today – Baghdad
Member of the House of Representatives Adnan Al-Jabri revealed, on Friday (April 4, 2025), the date of the arrival of the current year’s budget tables to Parliament.
Al-Jabri said in an interview with “Baghdad Today” that “the Council of Ministers will discuss budget tables and send them to parliament,” noting that “the House of Representatives will discuss them quickly and will not be delayed until next month to pass and approve them to enter into force.”
He added that “there are important service paragraphs that will be included in the schedules of this budget, and then we demand that they arrive for the purpose of passing them quickly.”
It is noteworthy that the 2025 budget comes within the framework of the tripartite budgets approved for the first time in Iraq within the General Budget Law for the Years (2023-2024-2025), a step aimed at achieving financial stability and overcoming the crisis of annual delay in the approval of budgets.
However, financial schedules need annual updates in line with economic developments, including changes in oil prices, government obligations to the governorates and the Kurdistan Region, and requirements for investment projects.
It seems that the 2025 budget will not go beyond this framework, as amendments are currently being made to some of its paragraphs, which delayed sending its schedules to parliament, despite expectations that there will be no radical changes compared to the past two years.
https://baghdadtoday.news/271349-الكشف-عن-موعد-وصول-جداول-موازنة-2025-الى-البرلمان.html
FIREFLY: Of course there's a rate in it!!, 4 APRIL
Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Sammy says they are telling everyone on the television that they have seen the [budget] tables and there is no rate in it. They are a bunch of liars.
Of course there's a rate in it. They are all clowns. Sudani is hiding this from them.
FRANK: Yes he is.
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