US Tariff Exposure
US Tariffs on Iraq
Updated August 2026 · source: USTR Section 301 & Federal Register
Iraq primarily exports crude oil to the U.S. A 10% tariff on Iraqi oil contributes to overall energy costs. Iraq also holds over $31B in U.S. Treasury bonds as part of its central bank reserves.
Iraq tariff rates by sector
| Sector | US tariff rate | Source |
|---|---|---|
| Petroleum | 10% | USTR / official |
| Dates & Agriculture | 10% | USTR / official |
| Sulfur | 10% | USTR / official |
| Sulfur | 10% | USTR / official |
| Dates | 10% | USTR / official |
Iraq trade & debt exposure to the US
- U.S. Treasury Holdings $31.2B Central Bank reserves
- Trade Deficit (Annual) $7.1B 2024 goods trade deficit
Iraq tariffs — FAQ
What is the US tariff rate on Iraq?
Iraq faces an effective US tariff of 12.5%, with Petroleum seeing the highest sector rate at 10%. Rates are drawn from USTR Section 301 schedules and recent Federal Register actions.
Which Iraq sectors are hit hardest by US tariffs?
Petroleum (10%), Dates & Agriculture (10%), Sulfur (10%).
What does Iraq's tariff impact score mean?
28/100 — FinBrio's impact score combines the headline tariff rate, how many sectors are affected, and the country's trade exposure to the US into a single 0–100 measure of how hard US trade policy hits it.
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