President Trump announced a 10% baseline tariff on imports to the U.S., which could further impact the already imbalanced trade between Morocco and the U.S. In 2024, the U.S. trade surplus with Morocco reached $3.4 billion, a significant increase from $35 million in 2005, one year after the signing of a Free Trade Agreement.
President Donald Trump announced new global reciprocal tariffs, imposing a 10% duty on Moroccan goods. Despite the U.S.-Morocco Free Trade Agreement, this measure could impact key sectors like agro-food and textiles.
Spanish exports to Morocco have steadily increased over the past five years, with a record high in 2024, while Morocco also remains a key supplier to Spain. Both countries continue to deepen their economic ties, with Spain being Morocco's largest EU trade partner and significant investor, and Morocco growing as a supplier and client in Spain's global trade.
At the end of October, the European Parliament rejected a request to examine the rulings of the Court of Justice of the European Union (CJEU) on trade in the Sahara during a plenary session. Six months after this setback, its supporters are bringing the issue back to the table.