The Guyana Government is engaging the United States of America on the 38% reciprocal tariffs announced by President Donald Trump today.
This was confirmed by Finance Minister Dr Ashni Singh during an interview with INews.
“The Government of Guyana has taken note of the reciprocal tariffs announced by the US Government earlier today. Our Government is closely engaged with our US partners to better understand the issue and have it addressed as appropriate,” Dr Singh said.
Trump’s plan sets a baseline tariff on all imports of at least 10%, consistent with a proposal he made on the campaign last year.
Items from countries that the White House described as the “worst offenders”, including the European Union and China, face higher rates for what Trump said was payback due to unfair trade policies.
Trump said the gambit was necessary because he argued countries were taking advantage of the US by imposing high tariffs and other trade barriers.
The White House said the US would start charging the 10% tariffs on 5 April, with the higher duties for certain nations starting on 9 April.
