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Filtering by entity: Republic of Moldova | Clear Filter
Summary:A letter from the White House dated July 9, 2025, addresses the President of Moldova, Maia Sandu, stating the United States faces a significant trade deficit with Moldova. To correct this, the letter announces a 25% tariff on all Moldovan products imported into the US, effective August 1, 2025. It further states that if Moldova raises its own tariffs, an equivalent amount will be added to the 25% US tariff. The letter concludes that the unsustainable trade deficits are a major threat to the US economy and national security.
Sentiment:Directive
Key Claims:
- The United States has a significant trade deficit with Moldova due to non-tariff, policies, and trade barriers.
- Beginning August 1, 2025, the US will implement a 25% tariff on all Moldovan products imported into the United States.
- Goods transshipped to evade higher tariffs will be subject to higher tariff rates.
- No tariff will be applied if Moldova or companies within Moldova decide to build or manufacture products within the United States.
- If Moldova raises its tariffs, the additional amount will be added to the 25% tariff charged by the US.
- The unsustainable trade deficits are 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:2/10
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