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President of the United States Donald Trump has signed an executive order officially announcing new tariff rates on imports from dozens of countries, which will take effect in seven days.
01.08.2025. 08:36
The order was issued on Thursday, Newsmax reported.
The new tariffs range from 10% to 41%. According to previous announcements, the tariff rate for Serbia will be 35%.
Rates were set for 68 countries and 27 European Union member states, with a base rate of 10% to be applied to countries not listed in the order.
The United States will not postpone the introduction of tariffs for more than 14 countries, including Serbia, scheduled for August 1, U.S. President Donald Trump announced.
08:35Pre 170 d31.07.2025.
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The United States and the European Union have signed an agreement introducing reciprocal tariffs of 15 percent on the import of goods and services. Bojan Stanic from the Serbian Chamber of Commerce told Newsmax Balkans that tariffs on Serbian goods could be significantly lower than the announced.
18:28Pre 171 d29.07.2025.
AutorA senior administration official stated that the rates are based on trade imbalances with the U.S. and regional economic profiles.
The tariffs will be implemented on August 7 to give Customs and Border Protection sufficient time to make the necessary adjustments for enforcement.
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