By: Janet Howard | Photo courtesy: Ismahieel Ali The Trinidad and Tobago Manufacturers’ Association (TTMA) is set to lead a high-profile Trade Mission to New York from September 15–19, 2025, a strategic initiative aimed at deepening commercial ties and opening new distribution channels for Caribbean-made products in the United States. Featured on the Business Matters […]
By Caribbean Business Report The United Kingdom has announced nearly $1 million in new funding to extend the decade long “Accelerate trade facilitation” programme for another year. Established in 2015, the programme is a collaborative initiative led by UN Trade and Development (UNCTAD), His Majesty’s Revenue and Customs (HMRC) of the United Kingdom, and the […]
By Bedassa Tadesse, THE CONVERSATION | Editorial credit: bella1105 / Shutterstock.com Get ready to pay more for avocados, maple syrup and – well – almost everything. The U.S. officially imposed new 25% tariffs on Canada and Mexico on March 4, 2025, following through on a long-delayed pledge from President Donald Trump. American consumers and businesses are now bracing for higher costs and potential supply […]
By Greg David, THE CITY On-and-off taxes on imports from China, Mexico and Canada make planning difficult and keep customers cautious about spending, say entrepreneurs. The glass bottles that Annie Bassin uses to bottle her wellness beverage come from China and became 25% more expensive when President Donald Trump imposed a tariff during his first […]
By Caribbean Business Report The 5th United Nations Ocean Forum on trade-related aspects of Sustainable Development Goal #14 is taking place online. The ocean is essential to all life. It sustains biodiversity, regulates the climate and generates oxygen while supporting food security, creating jobs and driving global trade. But climate change, overfishing and pollution […]
By Sir Ronald Sanders | Editorial credit: Fokke baarssen / shutterstock.com A rules-based international trading system has long been a foundation of global commerce, providing stability, fostering investment, and ensuring fair competition. Though imperfect, it has helped to underpin economic growth worldwide, benefiting major economic powers particularly, but with some benefits to smaller states as […]
Global trade is set to reach a record $33 trillion in 2024, according to the latest Global Trade Update published by UN Trade and Development (UNCTAD) on 5 December. This $1 trillion increase, reflecting 3.3% annual growth, highlights resilience in global trade despite persistent challenges. Robust growth in services trade, up 7% for the year, […]