The Iraqi government implemented new customs tariffs on imported vehicles and goods, prompting immediate price increases and market disruption across the country, officials said. The Cabinet, led by Prime Minister Mohammed Shia al-Sudani, confirmed the enforcement of a 15% customs tax on 2025 and newer car models, a measure intended to encourage a shift toward hybrid and electric vehicles.Merchants and automotive experts reported that the tariff has directly affected consumer costs.A vehicle previously priced at $10,000 now sells for $11,500 following the tax increase, illustrating the immediate financial impact on citizens. Traders have urged the government to provide support to buyers if the policy’s goal is to promote eco-friendly vehicles rather than solely increasing revenue.The customs measure forms part of a broader plan in which taxes ranging from 15% to 135% are scheduled for all other imported goods.According to officials, the tariffs were previously suspended due to public and commercial pressure, but their pending reinstatement has contributed to a slowdown in Iraqi markets, with retailers reporting decreased activity and stalled sales. (ICE AMMAN)

Fonte notizia: Stampa Locale