« The data »: How did the Americans come to Customs from 37 percent for Serbia? – Economy
The question of how the US administration has set customs rates for import from countries around the world to the previous two days sets headaches to economists.
What is known is the formula that Americans used. Namely, it boils down to the merchant deficit ratio that they now have with that country and imports of that country divided by two. The formula is also marked by the elasticity of import demand and import prices that are rewarded.
When it was established, in some skills, as ours, followed the headache in relation to data on exports and imports.
And Siniša Mali, the Minister of Finance stated that « there are disagreements between ours and US administration data between the two countries and expect it to be resolved in a short time, as he said, to mutual satisfaction. »
Namely, countries with which the United States has no deficit in principle, a certain customs rate of 10 percent is determined. Serbia also found itself among the countries with the highest customs rate of 37 percent, and from China, while the data of the Republic Bureau of Statistics show that we had a deficit with America from almost $ 70 million last year.
Namely, data of the RZS show that Serbia exported goods for about 670 million last year, while Serbia imported from that country of goods for 739.4 million dollars.
However, the Customs Data of the US show that Serbia exported goods for 814 million dollars, and only 210 million dollars were exported to Serbia in Serbia.
This means that Serbia, according to Amrička Customs, made a surplus in trade exchange of 604 million dollars last year.
When these figures are inserted in the Customs Determination Formula, we are really written in the tramp panel. When the deficit that Americans achieved by their methodology with Serbia with imports from Serbia, 74, and half of it are 37 percent, as far as they sloped us.
Experts point out that the huge difference between our data on imports from the United States and their export data to Serbia, most likely, as a country of imports are registered in Serbia as a country of imports. On the other hand, distributors, for example, the EU country, imported these products from the USA, for example, Germany, and threouses distributed to Serbia.
As the little one pointed out « Follow us in harmonizing things and what is obvious the goal of the American administration, but we have a deficit, but we have already made contact with our Administration, such as President Vučić, that we will resolve this in a very short period of time to mutual satisfaction. «
If this clarified, Americans admitted that they had surplus in exchanges with Serbia, we could enter the first group of countries with the highest customs in the group of countries with the lowest customs-of 10 percent.
In that situation, even exports from Serbia would become more competitive compared to goods from other countries, as they are American customs duties for EU 20 percent.
The list of countries that have now set the most customs duties leading to the East Asian economy-Cambodia with 49 percent, Vietnam with 46 percent and of course China with 34 percent.
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