Bulgarian Exports to U.S. Set to Drop by a Third Under New Tariffs

Uniunea Europeana

New U.S. tariffs are expected to have a serious impact on Bulgarian exports and the national economy, with a projected drop of 32.8% in exports to the American market, according to Deputy Economy and Industry Minister Doncho Barbalov. This decline represents about 1.5% of Bulgaria's overall exports. In macroeconomic terms, the blow to GDP in 2025 is estimated at 0.35%, Barbalov stated. The Deputy Minister explained that the average effective tariff rate Bulgarian goods will face under the new U.

Bulgarian Exports to U.S. Set to Drop by a Third Under New Tariffs http://www.novinite.com - 08.08.2025 16:26

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Bulgarian Exports to U.S. Set to Drop by a Third Under New Tariffs http://www.novinite.com - 08.08.2025 16:26