The Impact of Donald Trump’s Tariff Policies on Iran’s Single-Product Economy and Oil Revenues
Mr. Peiman Molavi, Economist
Experts believe that Iran has been facing high tariffs and monopoly in the domestic market for years and must liberalize its economy and trade by adopting opposing policies, because Iran is considered one of the most closed economies in the world, with a rank of 160 out of 165 in economic freedom and 165 out of 165 in foreign trade freedom.
Therefore, to save Iran’s economy, it is necessary to increase people’s purchasing power by eliminating monopoly and increasing competition.
33% of the world’s wealth is held by the US.
Contrary to some perceptions, new trade blocs will not be formed in the world, and trade relations between countries will continue as before, with minor changes. Because the US economy, with a volume of $24 trillion and holding 33% of the world’s wealth, will remain powerful and influential, and the idea of its weakening is false.
