Oman News Agency Announcement: Insights on Investment Opportunities for Business Growth in Oman

• By HiAdmin
• July 8, 2025
• With 0 comments

Geneva, July 8 – The United Nations announced today that the delay in implementing U.S. tariffs, along with President Donald Trump’s statements regarding increased tariffs on several countries, adds to the uncertainty surrounding global trade activity.

Pamela Cook Hamilton, Executive Director of the International Trade Centre in Geneva, remarked that this “pause” may provide “some relief,” but it effectively prolongs the period of uncertainty, undermining long-term investments and contracts. She noted that “economic uncertainty has tangible consequences for countries and sectors.”

She added, “These messages indicate various levels of tariffs, and it is unclear whether negotiations will conclude before August 1 or if this will involve a final agreement.”

Yesterday, President Trump announced a 25% tariff on imports from Japan and South Korea starting August 1, unless both countries reach new trade agreements with the U.S. by the deadline.

Additionally, Trump stated that the U.S. would impose a 32% tariff on all imports from Indonesia, 30% on imports from Bosnia, 35% on imports from Bangladesh and Serbia, 36% on all Cambodian and Thai products exported to the U.S., and 25% on imports from Tunisia, all effective August 1.

Starting the same date, the U.S. will also levy a 25% tariff on all imports from Kazakhstan and Malaysia, 30% on products exported to the U.S. from South Africa, and a 40% tariff on all imports from Laos and Myanmar.

Special Analysis by Omanet | Navigate Oman’s Market

The recent delay in implementing U.S. tariffs amid escalating trade tensions threatens to prolong economic uncertainty, which could hamper investment decisions globally, including in Oman. For businesses, this creates both opportunities for strategic maneuvering in trade relations and potential risks of disrupted supply chains depending on evolving tariffs. Smart investors should consider the shifting landscape and explore sectors poised for growth amid international trade fluctuations, particularly in local markets that could become alternatives to impacted exports.

Source: Oman News