Consumers in Antigua and Barbuda and across the Caribbean Region could soon face steep price increases for imported goods, following a proposed policy change by the Trump administration, ABS Television reported.
The United States Trade Representative has suggested imposing fines of up to US$1.5 million on Chinese-made ships, or vessels within fleets that include ships made in China, if they dock at US ports.
This proposal, which has raised concerns across the Caribbean, could significantly disrupt freight costs and ultimately drive up consumer prices, according to Antigua and Barbuda’s Prime Minister Gaston Browne.
