Under Fire From Trump’s Tariffs, Ammo Makers in a Balkan Valley Hunker Down

Gorazde, a small ammunition company nestled in the mountains of Bosnia, has long played a crucial role in protecting its country during the Balkan wars. Now, with President Trump’s new trade tariffs spurring demand for weapons across the globe, including from Gorazde, the once-safe haven for their industry is facing an unexpected challenge—just as it did three decades ago. The U.S.-led push for higher tariffs on imported arms is reshaping global defense markets and could bring similar pressure to Gorazde’s operations, tying their fate to broader, often controversial trade policies.