Expert Warns Trump’s Tariffs Could Raise Prices and Hurt Caribbean Economies

Professor C. Justin Robinson, Principal of the UWI Five Islands Campus, has warned of unfavorable repercussions for Antigua and Barbuda and the wider Caribbean from U.S. President-elect Donald Trump’s proposed tariffs on China, Mexico, and Canada.

These tariffs, targeting the U.S.’s key trading partners, could significantly impact regional economies.

Robinson explained that Antigua and Barbuda, reliant on goods tied to supply chains involving these nations, may face rising prices for imports like electronics and consumer goods. For instance, a $1,000 smartphone could see a $250 increase if tariffs are fully passed on to consumers.

Beyond higher import costs, Robinson cautioned that reduced disposable income for American consumers could slow economic growth and dampen demand for Caribbean services. He also noted the risk of retaliatory tariffs, which could disrupt global trade further.

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