Tag Archives: Belt and Road Initiative Caribbean

The domino effect: How US tariffs reshape CARICOM economies and geopolitics

US tariffs impact on CARICOM economies.

On February 1, 2025, President Donald Trump unveiled sweeping tariffs poised to reshape global trade dynamics, targeting imports from Canada, Mexico, and China. Initially set to take effect on February 4, 2025, the policy imposed a 25% tariff on most Canadian goods—though reduced to 10% for energy resources—a 25% levy …

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