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    Home»Latest News»CARICOM interested in trade, aid, and climate change in the Trump presidency – Caribbean Life
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    CARICOM interested in trade, aid, and climate change in the Trump presidency – Caribbean Life

    R innissBy R innissNovember 11, 2024No Comments4 Mins Read
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    Sir Ronald Sanders.

    picture courtesy Authorities of Antigua and Barbuda

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    Caribbean Community nations should combat to get the eye of a Trump presidency in commerce, support, and the world local weather. Nevertheless, governments do worry that his antagonistic method to the necessity for local weather change will current probably the most extreme challenges to the area, a prime regional official stated this week.
    Sir Ronald Sanders, Antigua’s Ambassador to the U.S., has rapidly penned what he thinks could be the area’s considerations beneath an incoming Trump presidency. He notes that the area hardly has any alternative however to proceed its world local weather change and mitigation advocacy, as there’s little doubt the Caribbean is on the entrance line of fixing climate and local weather patterns.
    “On local weather change, Mr. Trump’s insurance policies will pose difficulties for Caribbean nations that are among the many worst affected by excessive climate circumstances, together with world warming and sea degree rise. Throughout his presidential marketing campaign, he downplayed local weather change. He once more expressed his intention to withdraw the U.S. from the Paris Settlement and to develop oil and gasoline manufacturing, eradicating laws that impede fossil gasoline extraction. CARICOM nations, nevertheless, stay dedicated to sustainable improvement and might want to have interaction the U.S. in pressing discussions to make sure progress on world local weather objectives,” Sanders stated, writing in his weekly syndicated column.
    Different crucial areas recognized by Sanders embrace commerce, with the veteran diplomat noting Trump’s obsession with commerce imbalances with China and the European commerce bloc. On this space, the area is in a superb place and can possible escape the eye of the White Home as a result of “the U.S. has loved a perennial steadiness of commerce surplus with CARICOM nations collectively,” apart from an imbalance involving the oil and gas-producing nations of Guyana and Trinidad. “In 2023, the U.S. commerce surplus was $7.4 billion. The determine would have been bigger,” he wrote, noting that the steadiness with Guyana is $1.9 billion and $889 million for Trinidad.
    “When this determine is in contrast with U.S. support to CARICOM nations, it reveals that the U.S. commerce surplus far exceeds U.S. support. U.S. world support in 2023 was $61 billion, half of which went to 10 nations, principally Ukraine ($16.4 billion) and Israel ($3.3 billion). All 14 impartial CARICOM nations acquired $456.2 million, of which $393.8 million went to Haiti, leaving $62.4 million for the remaining 13 nations. In different phrases, the U.S. commerce surplus with CARICOM nations is $7 billion greater than the help given by the U.S. CARICOM would possibly take into account methods to leverage this financial interdependence to enhance commerce phrases and promote better funding within the area.”
    President-elect Trump received Tuesday’s election within the U.S. by a good-looking and straightforward margin over rival and incumbent Vice President Kamala Harris. Most governments have already despatched congratulatory messages to Trump as they put together for what’s forward for the following 4 years.
    Ambassador Sanders, in the meantime, argues that the area stays deeply involved in regards to the battle within the Center East, reminding everybody that the majority governments help the two-state resolution idea to settle a long time of battle.
    “At a people-to-people degree, the U.S. and the Caribbean have been so deeply intertwined traditionally that solely the present social instability and financial underdevelopment, selling massive numbers of refugees to flee illegally to the U.S., poses a risk to the persevering with energy of their relationship. However the U.S. and the Caribbean dwell in shut proximity to one another. Due to this fact, like all shut relationships, they each need to protect their relations in one another’s curiosity not just for the current but in addition for the long run,” he stated.



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