What do Customs Tramps mean for Serbia – BBC News in Serbian

Serbia among ten in the world, but no one will look forward to it.

US President Donald Tramp introduced New customs for goods from more than 180 countries around the worldand the rate of 38 percent to Serbian products is higher than those that are cut by other Balkan countries.

The American customs rates are « among the highest in Europe », and this shows that Serbia has been evaluated that Serbia imposes significant trade barriers for American products, « says Grandan Bulatović for the BBC in Serbian.

It could have « multiple negative consequences, » adds.

The Serbian economy could remain without « 135 to 175 million euros » annually, assesses.

« It is approximately 0.3 to 0.4 percent of gross domestic product, and could endanger 5,000 to 7,000 jobs in affected sectors.

« It is important to emphasize that this presents only the first round of effects, long-term influence could be significantly higher, » Bulatović added.

Total trade between Serbia and America in 2024. amounted to more than $ 1.4 billion.

Serbia exported several goods, but it imported for almost $ 70 million, according to the data of the Republic Statistical Office (SBS).

Customs countries in the region are lower: for Bosnia and Herzegovina 36 percent, for the European Union, 20 percent, while 10 occasion will be applied to Montenegro, Albania and Kosovo, the Donald Trampa’s executive orders.

What consequences wait for Serbia?

Customs from 38 percent could reduce demand for Serbian products in America for a third, the economist Bulatović considers.

« When the customer in America must pay 38 euros more worth 100 euros, it is natural that demand will decline, and many will turn to competitors from lower customs countries, » alleges an example.

Inequality of customs rates in the countries of the region could lead to a gap in the attraction of products in the American market.

The identical product from Montenegro, for example, will be 28 percent cheaper in the American market from Srpskom, says Bulatović.

« Even if a Serbian manufacturer for five percent more efficient, its final price in the United States after Customs will be 131, which is still significantly more expensive than the Montenegrin product that costs 110 euros, » he adds.

In addition to the direct export to America, it will be difficult, the Serbian economy will also indirectly be hit.

About 60 percent of Serbian exports is a placement of goods to European Union countries, which will be affected by American Customs at 20 percent.

« Serbian semi-finished products that are installed in European final products intended for the US market will lose competitiveness, » says Bulatović.

In this way, several industrial sectors could be hit.

« The metal industry could lose about 27 million per year, about 45 million euros, about EUR 20 million, agriculture, and tire and plastic industry, and estimates of economy and higher advisors in the Commission for Competitiveness Commission.

If exports occur, it will hit industrial production – especially metal.

« At Annual Level, we can expect a GDP drop from 0.5-0.6 and even up to one percent, » Veljko Mijušković said, professor at the Faculty of Economics in Belgrade, for Radio-television of Serbia.

Serbian Information Technology Sector (IT) is also great export services in America, but it should not be covered by sanctions, Writes magazine forbs Serbia.

The total export of services from Serbia last year amounted to 1.8 billion euros, « primarily in the field of IT », says Bojan Stanić from the Serbian Chamber of Commerce for Beta Agency.

See how Donald Tramp presented new trading measures:

The consequence of the customs could be the weakening of the dinar, because its value is « overestimated in relation to the euro, and by force of opportunity will now become more realistic, » Economist Božo Drašković believes.

« If the economy increases, and exports the currency position, and if there is no export, but the course is maintained, the price of ‘entertainment’ will one day last infinite, » he said nothing Television N1.

Significant differences in the amount of customs rates for goods from Serbia and other countries, the institutions, changes in the model of trade and creating new economic relations will be selected before the lower rates will be emphasized by Gordana Bulatović.

« Serbia will have to find ways to neutralize this competitive manual, » says Bulatovic.

It is possible to make a diplomatic way and ask that decisions change, seeking new markets for export or investing in those sectors who have a special customs regime, adds.

How much does Serbia and America trade trading?

The export of Serbia to America was in 2024. years of slightly more than $ 670 million, while the commodity was worth more than $ 739 million in the opposite direction, according to the data of the RZS.

Serbia was most exported by car tires (22.9 percent of total exports to the United States), then weapons and ammunition, internal consumer engines, liquid pumps and rotary electrical machines, show Data from the Serbian Chamber of Commerce.

From America, the most non-electric machines, aircraft, cars, chemical products and medical instruments were imported from America in this Balkan country.

Why are customs for goods from Serbia high?

President Donald Tramp was originally published on Wednesday that Customs will be introduced by 37 percent, which is confirmed at the official order of the White House at the IXC.

However, in executive command She was officially published on the White House site stated that the amount of customs for Serbia will be 38 percent.

The formula that the Office of the US Trading Representative applied to calculate the amount of Customs for each country « is relatively simple in the concept, but complex in implementation, » says economist Gordana Bulatović.

Customs are thus determined that the trade deficit with a particular country will be reduced to zero, was explained in a statement.

In Washington, Serbia was assessed for Serbia to « trade barriers » of as many as US products, so the reciprocal rate « was asked at the same half of what they believe that Serbia » charges’ them, « he says.

« Simply stated, the higher the trade obstacle that the country imposes now, it is a higher and reciprocal customs rate that will now impose that country, » Bulatović concludes now.

The tramp measures can also be viewed through political prism, despite the explanation from the white house in which only trading principles is said.

« Tramp simply shares countries according to their respective US, and introduces customs », says Economist Ljubodrag Savić for Television Bloomberg Adria.

« For example, Montenegrins and Albanians introduced 10 percent of customs, and us 37 percent.

« Obviously a politically motivated decision and message is very clear – introduce sanctions to Russia and everything will be fine, » said Serbian expert.

‘We are confused about drastic penalties’, they say from the Chamber of Commerce

It is not clear how the amount of 38 percent of Customs on the import of Serbian goods in America, say from the Serbian Chamber of Commerce (PKS).

« We are confused and we do not know why Serbia is so drastically punished by these customs, among 185 countries, » said Bojan Stanić, Assistant Director of the PKS Sector for Strategic Analysis, Services and Internationalization, Beta Agency.

As he says, there is room for diplomatic negotiations on customs reduction, as is the case with by disposing of American sanctions to the oil industry of Serbia (NIS).

European and world officials generally reacted negatively Donald Tramp measures, and from Brussels and Beijing, they announce to respond quickly to the introduction of customs.

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