Share

Higher prices coming: CARICOM sounds alarm over U.S. trade policy

Higher prices coming: CARICOM sounds alarm over U.S. trade policy

By Belize Live News Staff: With the U.S. imposing a 10% tariff on all imports—and higher rates for some countries—Caribbean Community (CARICOM) Chair Mia Amor Mottley says the entire region must brace for an economic shock.

In a strongly worded address, Mottley said Caribbean economies are “largely reliant on imports,” and this trade war will mean higher prices for everyday items—from groceries and electronics to restaurant meals and car parts.

She pointed out that many Caribbean citizens underestimate the ripple effects of global policies. “These problems are far away from me, and they don’t impact me,” she said, quoting common misconceptions. “But the reality is, it will impact each of us.”

Mottley called for unity and resilience while CARICOM countries work on strategies to lessen the blow.

Read Also

Quick cash after the storm: Belize's new hurricane safety net
776724221_896242179835688_6009891439311460712_n
775398956_1657021679468981_6802108057621868454_n
Join our WhatsApp News Channel

Stay connected with Belize Live News for breaking stories, updates, and everything happening in Belize right now.

Trending Now

Quick cash after the storm: Belize's new hurricane safety net
Quick cash after the storm: Belize's new hurricane safety net
776724221_896242179835688_6009891439311460712_n
The convention season claims its first incumbent mayor
775398956_1657021679468981_6802108057621868454_n
San Pedro, the milk truck is suddenly the best deal on the island
Grass by the acre? Stop pushing. BAH now sells Troy-Bilt riding mowers.
Grass by the acre? Stop pushing. BAH now sells Troy-Bilt riding mowers.

Popular Tags