The Caricom Private Sector Organisation (CPSO) has expressed its approval of the United States’ decision to eliminate tariffs on crucial export sectors within the Caribbean region. This move is expected to provide significant relief to industries that were adversely impacted by the reciprocal tariffs introduced in April 2025 and revised in August 2025. The CPSO had previously estimated that these tariffs would result in an annual loss of US$653.6 million in export revenue for Caricom member states, with the most severe impacts felt in the base metals, agriculture & food, and chemicals sectors.