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June Tariffs Law May Be Cancelled


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This could have an impact on the RV rate. The Tariff bill is needed to negociate back into the IMF & WTO & could impact future loans to Iraq.

The RV can still happen without a Tariff Bill but it could stiffle the IQD from reaching it's fullest potential.

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There's conflicting articles out about the Tariffs, some say June 1, others say June 30 to July1.... What's the possibility that they're waiting on Chapter 7 to be lifted and maybe thought it would be lifted early, prior to July? I don't see how they could impose the Tariffs without a RV, but maybe I'm totally off base. What's your thoughts? I respect your insight.

So true, lol... :lol:

Well it is law in the Gazzettes. I read it and I thought it was June 1st, it could have been June 30th. But I don't count these chickens until they hatch. They can amend this law if need be. So it's really one day at a time.

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