The latest round of tariff announcements only that a quarter of US imports will be subject to at least an additional 10%. Additional tariffs imposed on 47 countries primarily in the Asia Pacific and across Africa range between 11% and 50%. Three Pacific Island countries – Fiji, Nauru and Vanuatu will be subject to additional tariffs starting 9 April. This article provides a summary of measures and exceptions, as well as discussing implications for Pacific Island exports.
Posts tagged as “Vanuatu”
The topic of Chinese influence in the Pacific looms large, but in general the share of China as an origin of imports in the Pacific has mostly stayed steady over the past decade as goods continue to utilise Australia and New Zealand connections. Fiji on the other hand, has increased its role as a regional distribution hub and improvements in air cargo and shipping connectivity could see further growth. This article looks at developments of imports into Pacific Island Countries, main trading partners, the role of China, and freight connectivity with a particular focus on Fiji. Analysis includes an interactive dashboard with commodity level trade between China and Pacific Island Countries.