CBCS analysis points to pronounced risks of global trade war
Central Bank of Curaçao and Sint Maarten says firms should diversify supply chains away from US
The Central Bank of Curaçao and Sint Maarten (CBCS) has said tariffs pose “a tangible risk” to the economies of both island nations, and will have a negative impact on the US and its trading partners.
In a note published this month, the bank says that even without retaliation from the countries affected by US tariffs, Curaçao and Sint Maarten will experience “slower growth, higher inflation, and weaker domestic demand, particularly due to reduced tourism, declining disposable income, and limited
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