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Filtering by entity: Željka Cvijanović | Clear Filter
Summary:The White House informs Bosnia and Herzegovina that due to a persistent trade deficit, the United States will impose a 30% tariff on all Bosnian products entering the U.S. starting August 1, 2025. The letter states that if Bosnia and Herzegovina raises its tariffs, that increase will be added to the U.S.'s 30% charge, and that the trade deficit is a threat to U.S. economy and national security. It offers an exemption from the tariff if Bosnian companies manufacture products within the United States.
Sentiment:Ultimatum
Key Claims:
- The United States has a significant, long-term, and persistent Trade Deficit with Bosnia and Herzegovina.
- The United States seeks a more balanced and fair trading relationship.
- Starting August 1, 2025, the U.S. will charge Bosnia and Herzegovina a Tariff of 30% on all products sent into the United States.
- Goods transshipped to evade higher tariffs will be subject to higher tariffs.
- The 30% tariff is less than what is needed to eliminate the Trade Deficit disparity.
- There will be no Tariff if Bosnia and Herzegovina, or companies within Bosnia and Herzegovina, decide to build or manufacture products within the United States.
- If Bosnia and Herzegovina decides to raise its Tariffs, that amount will be added onto the 30% tariff charged by the U.S.
- The unsustainable Trade Deficits against the United States are a major threat to the U.S. Economy and National Security.
Potential Market Impact (S&P 500):3/10
Potential Geopolitical Risk:2/10
Potential Global Cross-Asset Impact:3/10
Summary:A letter from The White House to Željka Cvijanović, dated July 7, 2025, announces that the United States will implement a 30% tariff on all products from Bosnia and Herzegovina starting August 1, 2025, due to an unsustainable trade deficit and non-reciprocal trade relationship, with higher tariffs for transshipped goods and additional tariffs if Bosnia and Herzegovina raises its own tariffs, stating the deficit threatens U.S. economy and national security.
Sentiment:Demanding
Key Claims:
- The United States has a significant and unsustainable Trade Deficit with Bosnia and Herzegovina.
- The trade relationship between the U.S. and Bosnia and Herzegovina is not reciprocal.
- The U.S. will charge a 30% tariff on all products from Bosnia and Herzegovina starting August 1, 2025.
- Goods transshipped to evade the tariff will be subject to a higher tariff.
- The U.S. invites Bosnia and Herzegovina to participate in the U.S. economy, the 'Number One Market in the World'.
- The U.S. will ensure quick approvals for companies that build or manufacture products within the United States.
- If Bosnia and Herzegovina decides to raise its tariffs, an additional amount will be added to the U.S. 30% tariff.
- The unsustainable Trade Deficits against the United States are a major threat to the U.S. Economy and National Security.
Potential Market Impact (S&P 500):3/10
Potential Geopolitical Risk:2/10
Potential Global Cross-Asset Impact:2/10
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