US EditionCaribbean nations will be hit hard by new Trump tariffs. One diplomat wants a review
- Caribbean nations, including Jamaica and Trinidad, face a baseline tariff of at least 10% on all imports into the U.S., impacting their vulnerable economies significantly.
- International Monetary Fund Managing Director Kristalina Georgieva warned that the tariffs represent a significant risk to the global outlook at a time of sluggish growth.
- Guyana, facing a 38% tariff, is concerned about the impact on its quality of life amidst an oil boom and tensions with Venezuela.
- Trinidad and Tobago Prime Minister Stuart Young emphasized the need to work out trade issues to avoid escalating conflicts that could destabilize the region.
16 Articles
16 Articles
The Virgin Islands Daily News
Caribbean nations will be hit hard by new Trump tariffs. One diplomat wants a review
As President Donald Trump launches a global trade war by imposing sweeping double-digit tariffs on major trading partners, Caribbean governments are trying to understand what it means for their already vulnerable economies, while bracing themselves for the ripple effects.
Mottley warns of consequences from US global tariffs on the Caribbean
Amid the growing global trade tensions, Mottley warned that the measures announced by US President Donald Trump this week include tariffs on imports from more than 60 countries, so essential goods will become more expensive in the Caribbean. The CARICOM chief underscored that the region depends heavily on imports, and most consumer products, from food to electronic devices, come from the United States or transit through its logistics chain. “It …
A Call for US to Revisit new Tariffs on CARICOM Countries
By Sir Ronald Sanders Kaieteur News- For decades, the 14 independent nations of the Caribbean Community (CARICOM) have helped sustain American prosperity by collectively importing far more from the United States than they export, creating an enduring trade surplus in Washington’s favour. Yet, they have not escaped the tariffs that President Donald Trump has imposed […] The post A Call for US to Revisit new Tariffs on CARICOM Countries appeared …
A Call for the US to Revisit New Tariffs on CARICOM Countries - The Voice St. Lucia News
For decades, the 14 independent nations of the Caribbean Community (CARICOM) have helped sustain American prosperity by collectively importing far … The post A Call for the US to Revisit New Tariffs on CARICOM Countries appeared first on The Voice St. Lucia News.
Barbados' tourism sector braces for impact of US tariffs - Barbados Today
The Barbados Hotel and Tourism Association (BHTA) has added its voice to those who have predicted disruptions due to US tariffs. Chairman Javon Griffith warned of the potential dampening effect on tourist arrivals from the US, which is Barbados’ main source market, and said the tariffs on Chinese-made goods, in particular, will have far-reaching effects. In addition to the risk of declining visitor arrivals, Griffith flagged mounting supply chai…
Jamaica must ‘import smarter’ amid US tariffs, says Senator Marks
NEW YORK: Jamaica must adopt smarter import strategies in response to the global 10-per-cent tariffs imposed by United States President Donald Trump, according to Minister without Portfolio in the Office of the Prime Minister, Senator Audrey Marks. “We need to become smarter in how we import goods,” she declared at a farewell function in her honour hosted by Jamaican consul general to New York, Alsion Wilson, at the consulate’s Manhattan offices…
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