The ammunition manufacturers in Gorazde, nestled in the mountains of Bosnia and Herzegovina, are facing new challenges to their survival. Once thriving during the Balkan wars of the 1990s, their business now heavily relies on exports to the United States. However, decisions by President Trump earlier this year have left them in a state of uncertainty.
The tariffs set on various goods, including ammunition parts, have caused a stir among companies like Ginex, which specializes in ignition devices. Initially, the tariffs were announced at 35%, only to be adjusted temporarily to 10% shortly afterward. This volatility has made it difficult for Ginex to plan for future expansions and to maintain its American relationships.
Demir Imamovic, the marketing manager at Ginex, expressed concern that even a 10% tariff increase could deter existing American customers, posing a threat to their export business. As the situation evolves and more companies in Gorazde look to adjust their strategies, the region's ammunition industry watches closely as key decisions unfold.
The tariffs set on various goods, including ammunition parts, have caused a stir among companies like Ginex, which specializes in ignition devices. Initially, the tariffs were announced at 35%, only to be adjusted temporarily to 10% shortly afterward. This volatility has made it difficult for Ginex to plan for future expansions and to maintain its American relationships.
Demir Imamovic, the marketing manager at Ginex, expressed concern that even a 10% tariff increase could deter existing American customers, posing a threat to their export business. As the situation evolves and more companies in Gorazde look to adjust their strategies, the region's ammunition industry watches closely as key decisions unfold.
