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Filtering by entity: Aleksandar Vučić | Clear Filter
Summary:The United States informs Serbia of new 35% tariffs on all Serbian products starting August 1, 2025, citing persistent trade deficits caused by Serbian trade barriers and labeling these deficits a threat to US economy and national security, while offering an exemption for products manufactured in the US and warning of increased tariffs if Serbia retaliates.
Sentiment:Directive
Key Claims:
- The United States experiences a significant and persistent trade deficit with Serbia.
- Serbia's tariffs, non-tariff policies, and trade barriers cause this deficit.
- The United States will implement a 35% tariff on all Serbian products imported into the US starting August 1, 2025.
- Goods transshipped to avoid tariffs will be subject to the higher tariff rate.
- Serbian companies manufacturing products within the United States will not face these tariffs.
- If Serbia raises its tariffs, the US will add an equivalent amount to its existing 35% tariff.
- The trade deficit with Serbia poses a major threat to the US economy and national security.
Potential Market Impact (S&P 500):3/10
Potential Geopolitical Risk:2/10
Potential Global Cross-Asset Impact:3/10
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