The UAE is assessing the impact of new U.S. tariffs on Iran and political upheaval in Venezuela, UAE Minister of Foreign Trade Thani Al Zeyoudi, told CNBC's Dan Murphy on Tuesday.
Breakdown
- Trump announces 25% tariffs on nations trading with Iran
- UAE is Iran's second-largest trading partner, mainly for food products 14s
- Authorities are assessing impacts on supply, prices, and trade balances 31s
- Businesses and government are conducting risk analyses before deciding 1m 52s
- UAE aims to maintain availability and affordability of key commodities 2m 3s