Kosovo Removes 10% Tariff on US Imports to Boost Trade

Kosovo has officially removed its 10% customs tariff on goods imported from the United States, setting tariffs at 0% for American products entering the country, as announced by Acting Prime Minister Albin Kurti. This decision seeks to boost trade exchange and attract increased investment, with support from Kosovo’s President Vjosa Osmani, who emphasized Kosovo's role as a reliable partner to the US. The move follows new US tariffs imposed on Kosovo and other Balkan countries, prompting calls from business chambers for Kosovo to abolish its tariffs and pursue a Free Trade Agreement with the US. In 2024, Kosovo exported goods worth approximately EUR 39 million to the US and imported about EUR 106 million in goods from the US. The removal of tariffs is seen as a starting point to deepen economic cooperation and strengthen bilateral relations between Kosovo and the United States. Both government officials and business groups view this as an opportunity to enhance trade and investment ties.