Morocco .. one of the countries imposed on the customs definitions announced by US President Donald Trump recently, and Morocco is part of the lower list in these definitions, which is 10% on exports to the United States of America, after the decision made by President Donald Trump as part of his endeavor to reduce his country’s trade deficit.
In the first official comment from Morocco on these fees, Mustafa Baitas, the official spokesman for the Moroccan government, said that “the United States of America and the Kingdom of Morocco have a strong and multi -dimensional strategic partnership, adding,” You know Morocco linked with America with a free exchange agreement, which entered into force in 2006, and includes the scope of its application of agricultural, industrial products and services trade. The agreement also includes aspects related to work, environmental policy, government deals and intellectual property rights, which is a strong basis for this relationship, and we are always ready to strengthen this agreement within the framework of the Kingdom’s role as a gateway to trade and investment in Africa and the Arab world.
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Moroccan exports to the United States mainly include acids, vegetables and fruits, while the ligament mainly imports wheat, alcoholic drinks, live animals and corn.
Observers in Morocco believe that the percentage imposed on their country remains unintended, and therefore there will be no significant impact on Moroccan exports, compared to the highest fees facing other countries such as Algeria, Tunisia and Libya.
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It is noteworthy that the volume of trade between Morocco and America is not large, compared to trade with the European Union, the main commercial partner of the Kingdom. But Morocco must track the global economic situation, because there is confusion at the level of international markets, which will be reflected in the future economy in the future.
