{"id":236349,"date":"2025-05-09T07:20:36","date_gmt":"2025-05-09T11:20:36","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=236349"},"modified":"2025-05-09T09:23:04","modified_gmt":"2025-05-09T13:23:04","slug":"uwi-economist-professor-justin-robinson-praises-barbados-skilful-strategy-on-tariffs-and-trade-tensions","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/uwi-economist-professor-justin-robinson-praises-barbados-skilful-strategy-on-tariffs-and-trade-tensions\/","title":{"rendered":"UWI Economist Professor Justin Robinson Praises Barbados\u2019 \u2018Skilful Strategy\u2019 on Tariffs and Trade Tensions"},"content":{"rendered":"
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Economist praises govt\u2019s response to tariffs<\/strong><\/p>\n\n\n\n

SOURCE: BARBADOS TODAY-<\/strong> A respected economist has praised the government\u2019s \u201cskilful strategy\u201d in dealing with the global trade war over tariffs and shifting alliances among the world\u2019s largest economies.<\/p>

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Professor Justin Robinson<\/a><\/strong>\u2013who serves as the Director of the Central Bank of Barbados and Pro Vice-Chancellor of the University of the West Indies\u2013says the island has adopted a sensible approach by staying below the radar while quietly working to diversify its trade relationships and strengthen economic resilience.<\/p>

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\u201cI think the Barbados Government has been playing it quite wisely,\u201d he said on Wednesday during a JMMB-hosted forum on the impact of tariffs on Caribbean economies.<\/p>\n\n\n\n


\u201cWhen you have elephants fighting, then the grass gets damaged. You really want to stay below the radar, you don\u2019t want to attract any undue attention to yourself. I think that\u2019s been quite a skilful strategy,\u201d said Robinson, who is also a senior lecturer in finance.<\/p>

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He further highlighted government-led efforts to deepen trade links with Africa and to introduce digital payment infrastructure\u2014two moves he believes are crucial as global commerce becomes increasingly digital and multipolar.<\/p>\n\n\n\n


\u201cI think the strategies to prepare us for this have been around and there have been attempts to implement them,\u201d he said.<\/p>

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\u201cBut because we\u2019ve been very comfortable with the status quo, they have been seen maybe as things that are nice to have. In new circumstances, [however], these are things that we must do.\u201d<\/p>

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Robinson said that global supply chain fragmentation, increased protectionism, and currency volatility are pushing countries\u2014particularly small, import-dependent ones like those in the Caribbean\u2014to make hard decisions about trade, resilience, and digital modernisation.<\/p>\n\n\n\n


He said the Caribbean cannot afford to delay action, since \u201cI don\u2019t see how you can have empty shelves in Miami and you don\u2019t have empty shelves in the Caribbean. <\/p>\n\n\n\n

I think one follows the other.\u201d Robinson\u2019s <\/a><\/strong>remarks were part of a wider discussion on how the region can survive and adapt amid rising trade tensions between the United States and China, and in the light of global shifts towards regional economic blocs and nondollar transactions.<\/p>\n\n\n\n

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CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP Economist praises govt\u2019s response to tariffs SOURCE: BARBADOS TODAY- A respected economist has praised the government\u2019s \u201cskilful strategy\u201d in dealing with the global trade war over tariffs and shifting alliances among the world\u2019s largest economies. Professor Justin Robinson\u2013who serves as the Director of the Central Bank of […]<\/p>\n","protected":false},"author":12,"featured_media":236350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-236349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nProfessor Justin Robinson on Trade Strategies - Antigua News Room<\/title>\n<meta name=\"description\" content=\"Economist Professor Justin Robinson commends the Barbadian government's wise strategy in navigating global trade challenges.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/uwi-economist-professor-justin-robinson-praises-barbados-skilful-strategy-on-tariffs-and-trade-tensions\/\" \/>\n<meta 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