Policy Brief: “Trump’s Tariffs Shockwave: Will the Western Balkan feel the heat?”

This policy brief estimates the effects on the exports of the emerging market economies of the Western Balkans if US President Donald Trump introduces tariffs on imports. To do so, Center for Research and Policy Making – CRPM, the leading think and do tank in Western Balkans conducted an econometric regression analysis, based on the restrictive assumptions and tests of the OLS method which allowed us to discern the effects if tariffs are introduced on Consumer Price index and GDP growth.

Author/s:

By Dr. Goran Miladinov – CRPM, Expert in econometric analysis

Recommended cititation: CRPM (2025) Goran Miladinov “Trump’s Tariffs Shockwave: Will the Western Balkan feel the heat?”, Skopje. January 2025 www.crpm.org.mk

 

Available in the following language versions:

  • EN: Policy Brief: "Trump’s Tariffs Shockwave: Will the Western Balkan feel the heat?"
  • MK: Кратка анализа на политики: „ШОК-УДАРИ ОД ТАРИФИТЕ НА ТРАМП: Дали Западен Балкан ќе биде погоден?“
  • AL: Përmbledhje politike mbi Tarifat e Trumpit: "SHOK-GODITJET NGA TARIFAT E TRUMP: A DO TË JET I PREKUR EDHE BALLKANI PERËNDIMOR?"