Tariffs will not hurt 47 per cent of Trinidad and Tobago exports
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Finance
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April 5, 2025Clint Chan Tack
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THE Trade and Industry Ministry has said 47 per cent of Trinidad and Tobago's exports will not be affected by reciprocal tariffs which US President Donald Trump announced on April 2.
The tariffs were imposed on 180 countries, including TT, with the reciprocal tariff rate being applied to countries ranging from ten to 50 per cent.
In a statement on April 3, the ministry said its preliminary analysis shows"that approximately 47 per cent of the total value TT’s exports to the US will not be affected."
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