Duration of US tariffs will determine impact on the Dominican Republic

The United States government has implemented a 12.5% tariff on exports from the Dominican Republic, according to reports from Santo Domingo. Economists and analysts indicate that the immediate impact on the Dominican national economy will be limited in the short term.

However, officials and market observers emphasize that the long-term consequences will depend strictly on the duration of the tariff measure. If the trade restriction is prolonged, it is expected to generate negative economic effects for the Dominican export sector.