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Filtering by entity: Presidency of Bosnia and Herzegovina | Clear Filter
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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