CARICOM could save US$1.3 billion by cutting US import dependence: Study

A new regional private sector study has found that Barbados and other Caribbean Community (CARICOM) member states could save approximately US$1.3 billion per year by diversifying their import sources away from the United States. The CARICOM Private Sector Organization (CPSO) study suggested that engaging alternative import markets is crucial, particularly as escalating reciprocal US tariffs increase costs and expand the…

Source: https://barbadostoday.bb/2025/09/14/caricom-could-save-us1-3-billion-by-cutting-us-import-dependence-study/