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By Jovani Davis (CNW)- Three CARICOM member states are among 60 economies facing new U.S. tariffs under a sweeping trade enforcement initiative launched by the Trump administration, which says the measures are aimed at strengthening enforcement against goods linked to forced labour.
The new tariffs, which took effect Friday after a temporary global tariff expired, affect The Bahamas, Guyana and Trinidad and Tobago. The Dominican Republic is also among the Caribbean countries included in the new regime.
According to the Office of the United States Trade Representative, imports from the affected countries will now face tariffs of either 10% or 12.5%, replacing the temporary global 10% tariff that expired at 12:01 a.m. Friday.
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