Arab Investors: Decision "Trump" By imposing customs, it negatively affects the traffic of ships in the Suez Canal

said Dr. Hoda Yassi, head of the Arab Women Investors Union, member of the Egyptian Council for Foreign Affairs, said that US President Donald Trump’s decisions, which included & nbsp; Impose & nbsp; Customs on more than 180 countries, including Egypt and the Arab countries with a minimum of 10% to about 50% under the slogan & quot; Tahrir Day & quot; , It must leave negative repercussions on the economies of countries & different.

& nbsp; In press statements, it comes to the fact that the Egyptian state is not far from what is going on globally, although the customs duties imposed on it are the lowest percentage and are 10%, but it must be affected indirectly, & nbsp; Those decisions imposed & nbsp; The countries of the world and the evidence for this, decline & nbsp; All indicators of the Egyptian Stock Exchange quickly. & nbsp; due to the decline & nbsp; Global supplies and trade chains as a result of customs lifting & nbsp;

Hoda Yassi continued, saying: & quot; declining traffic for global trade in the Suez Canal is directly reflected on the decrease in the state’s revenues from the hard currency & quot; & nbsp; & nbsp;

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She said that the revenues of the Egyptian state are from & nbsp; The Suez Canal is among the most important official dollar resources for the country by about & nbsp; 60%, which was declined due to & nbsp; The Yemeni Houthi group attacks on shipping ships and goods in the Red Sea.

& nbsp; An impediment to Egyptian exports due to the increase in the value of imported raw materials involved in the manufacture of these exported products, which makes them less competitive in foreign markets in general, and will negatively affect the achievement of the state’s targets in reaching & nbsp; Exports of $ 145 billion by 2030.

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