Guyana, celebrated for its fast-growing economy due to oil exports, has unexpectedly found itself subject to an unusually high 38% U.S. tariff–significantly higher than 10% levied on other Caribbean nations and 15% on Venezuela. This decision has raised questions as to its underlying causes; some analysts point out Guyana’s economic ties with China could be one possible explanation.WSJ The Trump administration has used tariff policies as part of an overarching plan to address trade imbalances and national security concerns. Commerce Secretary Howard Lutnick stressed a comprehensive approach for closing loopholes that countries, like China, use to bypass tariffs by re-routing...
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