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Trump Reveals New Batch of Tariffs From Iraq to Philippines

Trump Reveals New Batch of Tariffs From Iraq to Philippines

US President Donald Trump unveiled a new round of tariff demand letters on Wednesday with levies set to hit in August on imported goods from partners who fail to reach agreements with the US. Trump said he would levy a 30% rate on Algeria, Libya,...

Trump unveils 30% tariff on Iraq in latest batch of trade letters

Trump unveils 30% tariff on Iraq in latest batch of trade letters

Donald Trump unveiled a 30 per cent tariff on Iraqi imports on Wednesday, with Iraq becoming the latest in a series of countries to have received a so-called trade letter from the US President. The latest tariff on Baghdad is 9 per cent lower than...

Drug trafficking ring busted in Baghdad

Drug trafficking ring busted in Baghdad

2025-07-09T16:07:20+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad Iraqi military intelligence forces arrested members of a drug trafficking network in Baghdad on Tuesday, the Defense Ministry announced. In a statement, the...

Iraqi Drilling Company completes 113 Oil Wells in H1 2025

By John Lee. The Iraqi Drilling Company (IDC) has announced the completion of drilling and rehabilitation operations on 113 oil wells during the first half of 2025. The company's teams successfully drilled 27 new wells and rehabilitated 86...

OPEC to raise September production by 550,000bpd

OPEC to raise September production by 550,000bpd

BY SAM OTUONYE Investigations have revealed that the apex oil group, Organization of Petroleum Exporting Countries (OPEC) would hike output by September. The OPEC+ oil producers are set to approve another big output boost for September as they...

Trump announces new tariffs including for Iraq, Brazil and the Philippines

Trump announces new tariffs including for Iraq, Brazil and the Philippines

United States President Donald Trump has issued a new round of tariff letters to eight countries, including Brazil, Sri Lanka, Algeria, Brunei, Iraq, Libya, Moldova and the Philippines. Posted on social media on Wednesday, the letters assign...

Trump slaps new tariffs on Iraq, Libya, 5 other countries with a warning: ‘If you raise your tariffs…’

Trump slaps new tariffs on Iraq, Libya, 5 other countries with a warning: ‘If you raise your tariffs…’

US President Donald J. Trump has sent formal letters to the heads of state of seven countries—Algeria, Brunei, Iraq, Libya, Moldova, Philippines, and Sri Lanka—announcing new tariffs on their exports to the United States starting August 1. The...

Trump enforces new tariffs on Iraq, five other nations

Trump enforces new tariffs on Iraq, five other nations

2025-07-09T16:42:05+00:00 font Enable Reading Mode A- A A+ Shafaq News – Washington/Baghdad On Wednesday, US President Donald Trump authorized a new wave of import tariffs targeting six nations, including Iraq. The directives, revealed by Trump on...

From smart agriculture to rescue operations: Iranian-made drones booming

From smart agriculture to rescue operations: Iranian-made drones booming

TEHRAN – Over the past two decades, Iranian knowledge-based companies have made notable efforts and contributed significantly to designing, building, and utilizing various types of drones for civilian purposes, including smart agriculture, cargo...

Pathways for Climate Investment in Iraq

By John Lee. Iraq's Climate Investment Plan (CIP) marks a turning point in the nation's ambition to tackle climate change impacts and drive economic diversification by strategically integrating climate change considerations into future...

From burden to strategy: Iraq cuts debt, targets growth

From burden to strategy: Iraq cuts debt, targets growth

Shafaq News – Baghdad Iraq is advancing a fiscal plan to reduce over $114B in public debt, aiming to enhance credit ratings, expand policy flexibility, and reallocate resources to long-term infrastructure development. Domestic debt edged down in...

French Firm Wins $130m Iraq Pipes Contract

By John Lee. France's Vallourec has secured two contracts to supply Oil Country Tubular Goods (OCTG) to support the drilling operations of China National Offshore Oil Corporation (CNOOC) and PetroChina in Iraq. According to a statement from the...

It’s The Hegemony, Stupid!

It’s The Hegemony, Stupid!

Francis Fukuyama’s Fever Dream A little over thirty years ago a neoconservative American Political Scientist named Francis Fukuyama declared, without irony, that history had come to an end.(1) He meant it figuratively of course, but he also wasn’t...

Trump hits Iraq with 30% tariffs as he releases 7 new letters

Trump hits Iraq with 30% tariffs as he releases 7 new letters

President Donald Trump sent out tariff letters to seven smaller U.S. trading partners on Wednesday with a pledge to announce import taxes on other countries later in the day. None of the countries targeted in the first batch of letters — the...

OPEC Holds Landmark Energy Seminar in Vienna

OPEC Holds Landmark Energy Seminar in Vienna

July 9, 2025 Hour: 7:27 am From July 9 to 10, the Organization of the Petroleum Exporting Countries (OPEC) holds its 9th OPEC International Seminar, bringing global energy leaders to Vienna to discuss key industry issues and build up cooperation....

Vallourec wins OCTG supply contracts for drilling operations in Iraq

Vallourec wins OCTG supply contracts for drilling operations in Iraq

Premium tubular solutions provider Vallourec has won two significant contracts to supply Oil Country Tubular Goods (OCTG) to CNOOC and PetroChina for their drilling operations in Iraq. These agreements, valued at more than $130m, will provide a...

Trump Announces New Tariffs Of Up To 30% On 7 Countries Including Sri Lanka, Iraq And Algeria

Trump Announces New Tariffs Of Up To 30% On 7 Countries Including Sri Lanka, Iraq And Algeria

Last Updated:July 09, 2025, 22:27 IST The new round of letters brings the total number of countries targeted under the latest tariff push to 20. US President Donald Trump (Reuters file photo)US President Donald Trump announced a new wave of...

Baghdad rejects military movements near Kurdistan borders

Baghdad rejects military movements near Kurdistan borders

2025-07-04T20:41:14+00:00 font Enable Reading Mode A- A A+ Shafaq News – Garmian On Friday, the Iraqi Security Media Cell denied reports claiming there were military movements by Iraqi army units, the Popular Mobilization Forces (PMF), or...

Iraq's construction sector eyes growth amid challenges

Iraq's construction sector eyes growth amid challenges

The economic output of the construction industry in Iraq is projected to grow by 5.2% in real terms in 2025, driven by significant public and private sector investments in transportation, renewable energy, and tourism, according to a recent report...

Trump administration’s lie detector campaign against leakers is unlikely to succeed and could divert energy from national security priorities

Trump administration’s lie detector campaign against leakers is unlikely to succeed and could divert energy from national security priorities

The Trump administration has recently directed that a new wave of polygraphs be administered across the executive branch, aimed at uncovering leaks to the press. As someone who has taken roughly a dozen polygraphs during my 27-year career with the...

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