{"id":233000,"date":"2025-04-15T05:00:00","date_gmt":"2025-04-15T09:00:00","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=233000"},"modified":"2025-04-15T07:52:04","modified_gmt":"2025-04-15T11:52:04","slug":"tariff-turmoil-greene-says-caricom-must-negotiate-new-trade-path-with-u-s","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/tariff-turmoil-greene-says-caricom-must-negotiate-new-trade-path-with-u-s\/","title":{"rendered":"Tariff Turmoil: Greene Says CARICOM Must Negotiate New Trade Path with U.S."},"content":{"rendered":"
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Tariff Turmoil: Greene Says CARICOM Must Negotiate New Trade Path with U.S.<\/strong><\/p>\n\n\n\n

ABLP Chairman and Foreign Affairs Minister EP Chet Greene is calling on CARICOM <\/a><\/strong>to urgently engage the United States in renegotiating trade arrangements, warning that existing frameworks have been rendered ineffective by a wave of unilateral U.S. tariff policies.<\/p>

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Speaking on Pointe FM over the weekend, Greene said that recent moves by the U.S. government to impose a 10% tariff on imports from nearly all countries\u2014including small Caribbean nations\u2014have upended longstanding trade expectations and created deep uncertainty across the region.<\/p>

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\u201cAnything that was in existence prior to President Trump signing these new orders is now of nullity,\u201d Greene said. \u201cCARICOM <\/a><\/strong>will now have to sit with the U.S. government to carve out some sort of consideration for Caribbean goods.\u201d<\/p>\n\n\n\n

Although a 90-day suspension of the tariffs was later announced, Greene warned against complacency, arguing that the region cannot afford to wait and hope for stability from what he described as an erratic and unpredictable trade regime.<\/p>

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\u201cLet us treat this most recent announcement as we did the one prior to the suspension,\u201d he said. \u201cWe must act as though these tariffs are in place and move now to protect our economies.\u201d<\/p>\n\n\n\n

Greene explained that while Antigua and Barbuda does not export significant volumes to the United States, the implications of the broader tariff structure are far more serious\u2014particularly in the areas of tourism, consumer goods, and industrial inputs.<\/p>

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\u201cThe real concern is tourism\u2014our bread and butter,\u201d he said. \u201cIf the U.S. economy softens because of these trade wars, American consumers will have less disposable income to travel. And when that happens, we feel the blow directly.\u201d<\/p>

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Greene also highlighted the potential impact on fledgling industries in Antigua and Barbuda, noting that entrepreneurs relying on imported materials could be priced out of business if costs rise.<\/p>\n\n\n\n

\u201cTariffs on Chinese goods, for example, drive up the cost of raw materials for local businesses. That\u2019s not just theory\u2014it\u2019s reality,\u201d he said.<\/p>\n\n\n\n

He urged CARICOM member states to adopt a unified stance in discussions with the United States, emphasizing that regional solidarity is essential to achieving exemptions or special considerations.<\/p>\n\n\n\n

\u201cWe need to be clear-eyed about the fact that these decisions are not about us, but they affect us\u2014sometimes disproportionately,\u201d Greene said. \u201cOnly through coordinated diplomacy can we hope to protect our interests.\u201d<\/p>\n\n\n\n

Greene\u2019s comments come as international trade institutions struggle to respond to a surge in protectionist measures and shifting alliances. He noted that even multilateral frameworks such as the WTO are under pressure, leaving smaller nations increasingly vulnerable.<\/p>\n\n\n\n

\u201cThis is a time for strategic diplomacy,\u201d he said. \u201cBut it\u2019s also a time to build resilience. We must explore new trade lanes, strengthen intra-regional commerce, and ensure that we\u2019re not solely dependent on one market.\u201d<\/p>\n\n\n\n

While acknowledging the difficulties ahead, Greene expressed confidence that Caribbean cooperation could provide a path forward.<\/p>\n\n\n\n

\u201cWe\u2019ve done it before. We can do it again. But we must act quickly and with purpose,\u201d he said.<\/p>\n\n\n\n

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CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP Tariff Turmoil: Greene Says CARICOM Must Negotiate New Trade Path with U.S. ABLP Chairman and Foreign Affairs Minister EP Chet Greene is calling on CARICOM to urgently engage the United States in renegotiating trade arrangements, warning that existing frameworks have been rendered ineffective by a wave of […]<\/p>\n","protected":false},"author":3,"featured_media":212470,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-233000","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nCARICOM Must Address New Trade Challenges - Antigua News Room<\/title>\n<meta name=\"description\" content=\"CARICOM faces urgent challenges as Chet Greene calls for new trade negotiations with the U.S. after recent tariff changes.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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