Gorazde, a small city in eastern Bosnia, is facing a crisis as local ammunition makers, who once thrived during the Balkan wars by supplying essential munitions, now contend with new tariffs imposed by the U.S. government. The impact of these tariffs is particularly concerning for companies like Ginex and Pobjeda Technology, which rely heavily on the American market for their products.
The tariffs announced by President Trump have caught these manufacturers in a whirlwind of uncertainty. Initially, a 35 percent tariff was announced, which put the future of exports into jeopardy. Although that rate was revised to a temporary 10 percent, fear still looms as this increase could deter American customers. Ginex's marketing manager, Demir Imamovic, articulated this worry, indicating that these price hikes could halt all exports altogether.
Having weathered previous challenges, including war, the companies in Gorazde are now desperately seeking clarity on their export rates. Without a stable market or clear pricing, the future of their businesses hangs in the balance, showcasing how global trade policies can have profound local consequences.
The tariffs announced by President Trump have caught these manufacturers in a whirlwind of uncertainty. Initially, a 35 percent tariff was announced, which put the future of exports into jeopardy. Although that rate was revised to a temporary 10 percent, fear still looms as this increase could deter American customers. Ginex's marketing manager, Demir Imamovic, articulated this worry, indicating that these price hikes could halt all exports altogether.
Having weathered previous challenges, including war, the companies in Gorazde are now desperately seeking clarity on their export rates. Without a stable market or clear pricing, the future of their businesses hangs in the balance, showcasing how global trade policies can have profound local consequences.
