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INTERNATIONAL TRADE

Trump tariffs: An opportunity for Lebanon to expand its export base?

In 2024 alone, Lebanon had exported $190 million worth of goods to the U.S. and imported a total of $582 million. 

Trump tariffs: An opportunity for Lebanon to expand its export base?

Containers on a Lebanese shore. (Credit: PHB)

BEIRUT — Washington and Beijing have taken their fist fight to an international arena as tariff announcements rolled out. While the two remain locked in their confrontation with U.S. President Donald Trump refusing to back down, and concerns grow over a potential decoupling of their economies, experts in Lebanon and the region are shifting their focus towards the opportunities emerging from new gaps in the American market.Industry Minister Joe Issa al-Khoury told L’Orient Today that now would be the time to “negotiate with American authorities,” and see if goods from countries assigned higher tariffs could “be replaced by Lebanese exports.”“It’s an opportunity we may capitalize on, if we manage to explore and exploit it properly,” he said.Trump had announced a series of blanket reciprocal tariffs on countries worldwide before announcing...
BEIRUT — Washington and Beijing have taken their fist fight to an international arena as tariff announcements rolled out. While the two remain locked in their confrontation with U.S. President Donald Trump refusing to back down, and concerns grow over a potential decoupling of their economies, experts in Lebanon and the region are shifting their focus towards the opportunities emerging from new gaps in the American market.Industry Minister Joe Issa al-Khoury told L’Orient Today that now would be the time to “negotiate with American authorities,” and see if goods from countries assigned higher tariffs could “be replaced by Lebanese exports.”“It’s an opportunity we may capitalize on, if we manage to explore and exploit it properly,” he said.Trump had announced a series of blanket reciprocal tariffs on countries worldwide...