Serbia’s First Deputy Prime Minister and Minister of Finance, Siniša Mali, in his technical mandate, commented on the introduction of American tariffs, noting discrepancies between Serbia’s trade data and that of the U.S. administration. He expressed optimism that the issue would be resolved in the near future, to the mutual satisfaction of both countries.
Mali stated that he does not fully agree with the reasoning or concept behind the tariffs imposed by the U.S. administration. According to Serbia’s data from Eurostat, the country has a trade deficit with the U.S., while the American data suggests the opposite—a trade surplus for Serbia.
“We are working on harmonizing the data to ensure an accurate picture of the trade situation,” Mali said. “The American administration’s goal is clearly to reduce trade deficits with certain countries. We believe we have a deficit, while they believe they have one. However, what is important is that we have already established communication with the American administration, and I hope, as President Vučić has announced, that we will resolve this issue in a very short time to our mutual satisfaction.”
On Wednesday, U.S. President Donald Trump unveiled tariffs for almost every country, including Serbia. The U.S. administration imposed a 37% reciprocal tariff, which is said to be half of the 74% tariff that Serbia allegedly charges on American products.
