Trump’s New Tariffs: How Croatia Could Feel the Indirect Impact - The Dubrovnik Times

The United States, which has imposed a 20 percent tariff on the European Union, is not a major export partner for Estonia, but Estonia sells products and services to the European Union, which in turn exports them to the United States, and from there the negative impact on the Estonian economy is already greater, economic experts said.

Trump Tariffs May Result in Layoffs for Croatian Company HS Produkt - Total Croatia

April the 5th, 2025 – The unpopular Trump tariffs may well result in layoffs for the Croatian company HS Produkt. The Karlovac-based weapons company could let 1000 employees go. As Poslovni Dnevnik/Jadranka Dozan writes, although the trade between Croatia and the United States has a relatively small share in the total export and import of goods, it will still have an effect. The Trump tariffs that have left most of the world scratching their hea…

The economic consequences in Europe could spill over into tourism - travel suffers first, and small landlords lose the most

Trump’s New Tariffs: How Croatia Could Feel the Indirect Impact - The Dubrovnik Times

The introduction of tariffs by President Trump is not expected to have significant direct negative effects on the Croatian economy in the short term. However, more substantial negative consequences could be felt indirectly if a recession were to occur among Croatia’s key trading partners, according to the Croatian Employers’ Association (HUP) on Thursday. On Wednesday, U.S. President Donald Trump announced new general tariffs of 10% on most impo…