By Kenton X. Chance
WASHINGTON, DC — The effect of the tariffs announced by the Trump administration here is not expected to be felt in the Caribbean until the latter part of this year, into 2026, the Governor of the Eastern Caribbean Central Bank says.
However, Timothy Antoine warned that to avoid inflationary pressures due to the levies, the wider CARICOM region must reconsider Miami as the hub for goods exported to and transported within the bloc.
“The big issue is understanding what that shock will mean and its implications, obviously, for tourism, not in the near term,” Antoine told journalists here on Wednesday.
He spoke after a meeting of Caribbean finance ministers and the Western Hemisphere Department of the International Monetary Fund, which is part of the Spring Meetings, which are taking place here through Friday.
He said the talks’ focus was the high uncertainty level about the global economic outlook.
https://www.iwnsvg.com/2025/04/24/tariffs-impact-on-caribbean-tourism-expected-to-be-delayed-eccb/