Expect Less Forex, Reduced Taxes And Job Losses

Republic Bank economist, Garvin Joefield, is warning of far-reaching implications for the domestic economy of the revelation that T&T stands to lose US$291.9 million in potential annual export revenue following the imposition of a 15 per cent tariff on its exports to the United States. The revelation came in a Business Guardian exclusive report of analysis conducted by the Caricom Private Sector Organization (CPSO).