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Barbados: Economists fear economic downturn due to Trump tariff

Economists are wary that Barbados could see a fresh economic storm due to the tariffs annouced by the United States Government. 
 
There are concerns that a serious blow could be dealt to the tourism sector while accelerating inflation, further driving up the already high cost of living.
 
There are frayed nerves that the new trade policies, particularly those targeting key trading partners like China, could reverberate through every sector of Caribbean economies.
 
Visitors from the United States have been credited with the quick rebound of the tourism sector after COVID-19 which could be choked off with the new policies. 
 
                                                                              
 


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