Government vows to negotiate responsibly with the Donald Trump administration after it imposed a 10 per cent reciprocal tariff on TT manufactured goods exported to the US.

Prime Minister Stuart Young and Foreign and Caricom Affairs Minister Dr Amery Browne gave these assurances on April 2, after Trump announced a series of reciprocal tariffs on 60 countries, including TT, which he claims have put up trade barriers to the US and have engaged in currency manipulation – the act of a government or central bank deliberately influencing the exchange rate to gain an unfair advantage over another country. Trump said all countries will be subject to a sweeping ten per cent tariff on imports to the US.

The 10 per cent "discounted" tariff was imposed on TT goods in response to a 12 per cent tariff on all goods imported from the US. Tariffs are taxes charged on goods imported from other countries.