Tariffs rattle gulf markets, but some economists see a silver lining
Analysts indicate that low US tariffs for Gulf countries may attract international companies, but others caution that global tariffs could threaten vital oil income and raise consumer goods costs.
Family group photos of all the participating members during the Member States of the Gulf Cooperation Council (GCC) and the Association of Southeast Asia Nations (ASEAN) Summit (ASEAN-GCC Summit) in Riyadh, Saudi Arabia October 20, 2023(photo credit: Saudi Press Agency via Reuters)ByHUDHAIFA EBRAHIM/THE MEDIA LINE
