Click to view full size

Economist Dr Marlene Attzs believes the newly imposed 10% tariff on Trinidad and Tobago products entering the United States will cause a ripple effect.

“The ripple effect is: (United States) puts a tax on imported goods leading to US stores paying more, which means they will raise prices causing everyone (even online shoppers outside the US) to feel it in their wallet,” she said yesterday.

In a WhatsApp exchange with the Express, she said in addition to this baseline tariff, about 60 countries have been singled out for higher, country-­specific tariff rates due to what the US admi­nistration describes as “unfair trade practices” with the US.