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Baghdad traders protest new customs tariffs as Iraq wrestles with shrinking oil revenues

BAGHDAD (AP) — Hundreds of traders and customs clearance company owners protested in central Baghdad on Sunday, demanding that Iraq's government reverse recently imposed customs tariffs that they say have sharply increased their costs and disrupted trade. The new tariffs that came into effect on Jan. 1 were imposed as part of an attempt to decrease the country's debt and its reliance on oil revenues as oil prices have dropped. Iraq faces debt of more than 90 trillion Iraqi dinars ($69 — a...

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