Mia Mottley Addresses the Impact of Global Trade Crises on the Caribbean

Introduction

Mia Amor Mottley, Chair of the Caribbean Community (CARICOM), has published a statement on the impact of the global trade crises on the Caribbean.

(This is a slightly simplified version of Ms. Mottley’s speech, edited for brevity,)

The Current State of the World

“Good day. I speak to you all today, not as the Prime Minister of Barbados, but as the chair of the Caribbean Community.

“The world is in serious trouble. I won’t pretend otherwise. This is one of the hardest times we’ve seen since most Caribbean countries became independent. In fact, it may be the toughest time since World War II ended 80 years ago. We’re facing a growing climate crisis, a high cost of living, and major supply chain problems that started with the COVID-19 pandemic.

“We are also dealing with false information, rising mental health problems, and increasing crime. There are wars happening in the Holy Land, Europe, and Africa. Countries no longer trust each other. The global system is falling apart, and we are now close to a world trade war.

Impact on the Caribbean

“Caribbean economies depend heavily on imports. Most of what we buy—from groceries to electronics—comes from or passes through the United States. This is part of our colonial past. We are working with other Caribbean leaders to reduce this dependence, and we’ve made progress, especially in agriculture. But we still have a lot more to do.

“Recently, the U.S. said it might charge a tax of up to $1.5 million on Chinese-made ships. This will raise the price of everything for us—food, electronics, clothes, restaurant meals, cars, and more.

“Many people in the Caribbean might think, “This doesn’t affect me,” because they live in a small town or work an everyday job. But it will affect you. If you buy food, clothes, or a phone, this crisis touches you.

Consequences and Solutions

“Our economies are small and very open. If the big countries like the U.S., China, and Europe raise tariffs, the cost of producing and shipping goods will go up everywhere. That means higher prices for us. No matter what our governments do, we will feel the impact.

“Even tourism may suffer, as people from richer countries might not be able to travel as much. We need our tourism industry to act now and plan for this. The region must work together—governments and businesses—to protect our share of the tourism market.

“I hope I’m wrong. I hope world leaders come together and help the poor and middle class. I hope trade continues and peace returns. But honestly, I don’t think that will happen.

“So what can we do?

Talk to the U.S. again at the highest levels. The Caribbean does not hurt the U.S. economy. We are small, and past U.S. presidents have supported us. We must remind them of that friendship.
Do not fight each other for political points. If we divide, we will fall. We must stand united.
Invest more in agriculture and light industry. We must grow and make more of our own goods. The 25% by 2025 farming goal should now be even higher.
Strengthen ties with Africa, Latin America, and old partners like the UK, Europe, and Canada. We should not depend on just one or two trading partners.

A Call to Action

“Every crisis brings a chance to improve. Let’s support our local businesses and producers. To hotels, shops, and citizens alike, I say: buy local and buy regional. Our products are often better and fresher.

“To the United States, I say this: we are your friends, not your enemies. Many Caribbean people have close family in America. We welcome American visitors and give them wonderful experiences. So I ask President Trump to remember our friendship. Our small economies do not hurt yours. Please keep trade open so we can all keep prices low.

“There is trouble in our region, but we can get through it if we take care of each other and work together. Our ancestors faced worse, and they survived. So can we.

“We will make it.

“God bless our Caribbean civilization!”

Conclusion

In conclusion, the global trade crises pose a significant threat to the Caribbean region, and it is essential for the region to come together to address this challenge. By supporting local businesses, investing in agriculture and light industry, and strengthening ties with other regions, the Caribbean can mitigate the impact of the crisis and emerge stronger.

Frequently Asked Questions

Q: What is the main issue facing the Caribbean region?

A: The main issue facing the Caribbean region is the impact of the global trade crises, which is causing higher prices, reduced trade, and economic instability.

Q: How can the Caribbean region address this challenge?

A: The Caribbean region can address this challenge by supporting local businesses, investing in agriculture and light industry, and strengthening ties with other regions.

Q: What is the role of the United States in this crisis?

A: The United States plays a significant role in this crisis, and it is essential for the Caribbean region to maintain a strong relationship with the U.S. to mitigate the impact of the crisis.