duties

Trump’s duties will not directly affect the Moldovan IT sector, but may indirectly affect the activity of companies whose partners operate on the American market,” Logos Press reported.

The introduction of 31% duties for Moldova by the USA not only creates problems with exports to this country, which has become one of the main markets for Moldovan alcohol. There will be more serious consequences for Moldovan exports in the not very distant future.

Economists around the world used to consider customs duties as a mechanism of total protection (“carpet bombing”) and long-term action. But stereotypes are changing. No sooner Moldovan exporters were frightened by the “adult” duty of 31% imposed by the USA on goods from Moldova, than President Trump announced a 90-day pause on their application. And a 10% tariff freeze for many countries around the world that have demonstrated loyalty. Including Moldova, according to the Ministry of Economy of the Republic of Moldova. In this regard, some Moldovan exporters began to move away from the initial shock.

U.S. President Donald Trump wrote in his Truth Social account on the evening of April 9 that he is raising customs duties on goods from China to 125% and reducing duties on goods from other countries to 10% for 90 days,” Logos Press reported.

Economist Veaceslav Ionitsa said that Moldova has become the sixth exporter of vermouth in the world, owning 6% of the world exports of these wines. In a very short time, it can reach 10%, becoming the fourth after countries such as Italy, France and Spain, and be one of the leading players on the market. The expert attributes the success to the fact that “the Americans have discovered us”. However, this is not entirely true,” Logos Press reports.

The United States announced on April 2, 2025, the imposition of “reciprocal” duties on imports from 57 countries and economic blocs. President Donald Trump declared this day “America’s Liberation Day”, justifying the measure by the need to restore the trade balance in favor of the United States.

The 31% duties imposed by the United States on goods from Moldova are already beginning to have a negative effect,” Logos Press reports. In particular, exporters of canned fruits and vegetables have already been offered to “share responsibility” for additional financial losses.

US President Donald Trump has announced that he is imposing duties of 10% for most countries in the world, as well as additional differentiated duties for some states. Moldova was on the list of those for whom the payments increased the most – by 31% cumulatively,” Logos Press reported.