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North Macedonia has announced plans to abolish each import taxes connected the United States successful the anticipation of reaching a reciprocal zero-tariff woody with the Trump administration
SKOPJE, North Macedonia -- SKOPJE, North Macedonia (AP) — North Macedonia announced plans Monday to abolish each import taxes connected the United States successful the anticipation of reaching a reciprocal zero-tariff woody with the Trump administration.
The program inactive requires parliamentary support and was enactment guardant aft the Balkan state was deed with a 33% tariff from the United States — considerably higher than the 20% imposed connected the European Union.
“By unilaterally reducing customs rates, we are sending a connection to accelerate the process of reciprocity successful a communal commercialized exchange,” Finance Minister Gordana Dimitrieska Kochoska told reporters.
The commercialized measurement betwixt the 2 countries was conscionable $314 cardinal past twelvemonth portion U.S. imports totaled $196 million, according to authorities figures.
Foreign Minister Timcho Mucunski said helium discussed the anticipation of a free-trade statement with the U.S. astatine a gathering successful Washington past week with Secretary of State Marco Rubio.
North Macedonia’s program is portion of a wider effort to effort and stimulate its system and would see different tariff reductions.
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