Sarajevo: The U.S. proposal to impose tariffs on European Union goods underscores a broader shift in its policy and could significantly damage transatlantic economic ties, warns Adnan Huskic, a political analyst and associate professor at the Sarajevo School of Science and Technology. Huskic has highlighted the potential repercussions these tariffs could have on the EU and its economic relationships.
According to Namibia Press Agency, Huskic described the move as indicative of a simplistic approach to global trade and a deep-rooted mistrust toward Europe. He emphasized that these measures extend beyond economics, signaling a continued U.S. withdrawal from its security role on the European continent.
Although Bosnia and Herzegovina is not an EU member, Huskic noted its close ties to EU countries, particularly Germany, its primary export market. He warned that any economic contraction in Germany or the EU would have serious spillover effects on Bosnia and the entire Western Balkans region.
Huskic also expressed concern about the region’s fragmented response to global developments. He pointed out that Western Balkan countries often act independently and lack strategic cooperation, leaving them vulnerable to global shocks. Consequently, they must adapt to the dynamics created by major global players.
The U.S. shift in its approach to global engagement has created uncertainty among its partners, Huskic said, noting that the new reality is a United States characterized by erratic and unpredictable policies. He urged the global community to stand firm in defending free trade.
Huskic also highlighted Europe’s lag in emerging technologies and the urgent need for reform. He pointed out that the EU is currently trailing in fields such as artificial intelligence and other innovative areas, suggesting that its economic model requires significant changes. He argued that the EU must rapidly reform and seek global partners with similar goals to become more autonomous and innovative.