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文章

7 四月 2025

作者:
Fibre2Fashion

Haiti: US tariffs pose threat to textile industry, representing nearly nine tenths of formal employment

Marcel Crozet / ILO

"US reciprocal tariffs threaten Haiti's textile industry, economy", 7 April 2025

President Donald Trump's decision to impose a 10-per cent tariff on imports from Latin American and Caribbean countries, including Haiti, could badly affect the Haitian textile industry, which relies solely on duty-free access to the American market through trade agreements

These trade agreements include the Haitian Hemispheric Opportunity through Partnership Encouragement (HOPE) and the Haitian Economic Lift Programme (HELP)...

The country’s textile sector, which has already lost nearly 40,000 jobs due to the security crisis, represents nearly nine-tenths of formal employment, and is particularly vulnerable to new US tariffs, a domestic media outlet reported.

If higher costs become a problem, companies may relocate their manufacturing units to other countries, cautioned a global trade economist.

Haitian economy minister Alfred Métellus called for international cooperation and national reforms to stabilise the domestic economy as the US tariffs, according to him, will further complicate recovery efforts.

Another analyst at the Haitian ministry of economy said the tariffs could have a domino effect on the economy.

The US tariffs will create inflation and a rise in the cost of living in the United States, which will affect the amount of remittances from the diaspora to families in Haiti.

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