US EditionNorth Macedonia announces plan to take tariffs on US goods to zero in hopes of reciprocation
- North Macedonia announced plans in 2025 to abolish all import tariffs on U.S. Goods to encourage trade reciprocity.
- The plan follows a U.S. Decision to impose a 33% tariff on North Macedonian goods, higher than the 20% tariff on the EU.
- North Macedonia's trade volume with the U.S. Reached $314 million last year, with imports totaling $196 million according to government data.
- Finance Minister Gordana Dimitrieska Kochoska stated that by independently lowering tariffs, the country aims to encourage a quicker advancement toward reciprocal trade agreements.
- The tariff abolition plan requires parliamentary approval and aims to support North Macedonia's economy by fostering a potential free-trade deal.
Insights by Ground AI
Does this summary seem wrong?
6 Articles
6 Articles
All
Left
5
Center
1
Right
North Macedonia abolishing tariffs on US goods
Officials in North Macedonia said Monday it would abolish all tariffs on imported U.S. goods in an effort to have President Trump adopt the same trade measure. “By unilaterally reducing customs rates, we are sending a message to accelerate the process of reciprocity in a mutual trade exchange,” Finance Minister Gordana Dimitrieska Kochoska told reporters,…
·Washington, United States
Read Full Article
Associated Press News+4 Reposted by 4 other sources
North Macedonia announces plan to take tariffs on US goods to zero in hopes of reciprocation
North Macedonia has announced plans to abolish all import taxes on the United States in the hope of reaching a reciprocal zero-tariff deal with the Trump administration.
·United States
Read Full ArticleCoverage Details
Total News Sources6
Leaning Left5Leaning Right0Center1Last UpdatedBias Distribution83% Left
Bias Distribution
- 83% of the sources lean Left
83% Left
L 83%
C 17%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
