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Trump tariffs ‘pose long-term risk to Gulf’, say economists

Alamy/Edward Roth
President Donald Trump signs executive orders in the Oval Office. He has paused tariffs on Canada and Mexico for 30 days

Short-term gains possible

Uncertainty over oil prices

High interest rates may persist

Gulf economies could benefit in the short term from a tariff-led trade war between the US and some of its major partners, but they face longer-term ri...