Government has to take note of US Tariff Effect

Dear Editor,

St. Maarten, our little paradise in the Caribbean, is no stranger to weathering storms—both literal and figurative. However, the latest challenge blowing in from the north isn’t a hurricane; it’s a wave of tariffs announced by U.S. President Donald Trump. With a baseline 10% tariff on all imports to the U.S. and steeper reciprocal tariffs on certain countries—some as high as 50%—global trade is reeling, and St. Maarten could feel the ripple effects in a big way. As an island that imports virtually everything from food to furniture, mainly via the U.S., even if the goods originate elsewhere, these tariffs could mean one thing for the average consumer: higher prices. All eyes are now on the Minister of Tourism, Economic Affairs, Transport, and Telecommunication (TEATT) and her Senior Policy Advisor to steer us through this mess.

Let’s break it down. St. Maarten doesn’t produce much locally—our economy thrives on tourism and what we bring in from abroad. A huge chunk of those imports, whether it’s a bag of rice, a flat-screen TV, or a case of Heineken, comes through U.S. ports or from American suppliers, even if the stuff was made in China, Europe, or Latin America. Trump’s tariffs don’t just hit goods made in the U.S.; they jack up the cost of anything shipped to or through the States. That means the price tag on everyday items could climb from 20% to 40% in some cases, depending on how businesses pass on the costs here.

Take a simple example: a gallon of milk. Maybe it’s sourced from a U.S. distributor, even if the cows are in Wisconsin or elsewhere. That 10% baseline tariff—or higher if it’s tangled up in reciprocal duties—gets tacked onto the wholesale price. Shipping companies, already squeezed by global trade tensions, might hike their rates too. By the time milk hits the shelves at Carrefour or Cost-U-Less, you’re paying $6 or $7 instead of $5. Now multiply that across your grocery list—chicken, cereal, diapers—and suddenly, your weekly shop is $50 more expensive. For a family already stretched thin, that’s a punch to the gut.

Or think about bigger purchases. Say you’re eyeing a new sofa from a U.S.-based retailer like Ashley Furniture. The price was already steep because of shipping to an island, but now add a tariff bump—it could be 20% or more if the materials came from a “high-tariff” country like China (which faces a 34% levy). That $1,000 sofa might now cost you $1,200 or $1,400. The math gets even uglier for small businesses importing goods to sell—think electronics, clothing, or construction materials. They’ll either eat the cost (unlikely) or pass it on to you, the consumer.

So, what’s at stake? A lot. If prices soar unchecked, it’s not just about tighter budgets—it’s about tourism taking a hit too. Visitors might balk at $15 burgers or $200 hotel sundries, and that’s a problem for an island where every dollar counts. But here’s where hope comes in: the Minister of TEATT and her Senior Policy Advisor, a duo with a track record of tackling crises, are in the hot seat to figure this out.

The Minister, Grisha Heyliger-Marten—yes, wife of Theo Heyliger—brings a steady hand and a deep understanding of St. Maarten’s economic pulse. Her Senior Policy Advisor, Rolando Brison, says what you will about his past is undeniably one of the sharpest minds in our political landscape. This isn’t their first rodeo. Brison, in particular, was a key player in navigating St. Maarten through the COVID-19 pandemic, helping keep our economy afloat when the world shut down. Together, they’ve got the experience and brainpower to make this tariff turmoil manageable.

What can they do? For starters, they could push for creative trade workarounds—maybe lean harder on direct imports from Europe or the Caribbean to bypass U.S. ports. They might negotiate with local businesses to absorb some costs or lobby for subsidies to cushion the blow. And with their political savvy, they could even press the Dutch government for support, given St. Maarten’s status in the Kingdom. It’s a tall order, but if anyone can pull it off, it's these two. Their past political or otherwise differences seem irrelevant now; this is about results.

SMN News says let’s give them the benefit of the doubt. Sure, prices might spike 20% to 40% if nothing’s done, but Heyliger-Marten and Brison have a chance to prove they can keep St. Maarten steady. The timing’s almost poetic: two heavyweights, once at odds, are now united by necessity. If they put their heads together, we might just come out of this better than expected. For now, stock up on that milk—and watch TEATT—the island’s counting on them.

 

 


Impact of U.S. Tariffs on the Stock Market.

The implementation of U.S. tariffs has once again thrust global trade policy into the spotlight, sparking reactions across markets. Recent tariff announcements from the U.S. government have raised concerns among investors, leading to volatility in the stock market. Analysts closely monitor the situation to assess the ripple effects across industries, with certain sectors bearing the brunt of this trade strategy.

Pressure on the Manufacturing and Technology Sectors

The tariff measures have notably affected the manufacturing sector, particularly companies involved in steel, aluminum, and machinery production. Additional costs related to imported raw materials have left these businesses grappling with higher expenses. Shares of major manufacturers such as Caterpillar and 3M saw dips as investors anticipated weaker profit margins due to increased input costs.

Similarly, the tech sector has struggled as tariffs disproportionately target electronics and semiconductor components sourced from overseas. Companies like Apple could face price increases on key products, potentially dampening consumer demand. The chipmaker Nvidia witnessed its stock tumble last week, as markets braced for a potential disruption in component supply chains.

Retailers and Consumers in the Crossfire

Retailers dependent on imports have also faced mounting pressures. With tariffs raising the prices of goods such as clothing, electronics, and household items, these companies are balancing thin profit margins with the risk of alienating price-conscious consumers. Shares of large retailers like Walmart and Target traded lower, with analysts predicting higher store prices ahead of the holiday shopping season.

This concern extends to consumer sentiment. Rising costs, driven by tariffs, could reduce discretionary spending, indirectly impacting market performance in sectors like travel, entertainment, and dining.

Global Trade Tensions Elevate Uncertainty

Beyond individual companies, the broader implications of U.S. tariff policies reflect heightened uncertainty in global trade. Experts note that retaliatory tariffs by foreign nations risk creating further instability. China's imposition of duties on American agricultural goods has already hurt U.S. farmers, with mutual tariffs threatening export-dependent industries. The potential escalation of the trade dispute has left investors wary of the long-term market correction.

Historically, trade conflicts have tested market resilience. For example, under the Smoot-Hawley Tariff Act of 1930, aggressive trade barriers contributed to the prolonged economic struggles of the Great Depression. While today’s global economy is far more interdependent, the historical context is a cautionary tale for prolonged trade tensions.

Expert Opinions and a Look Ahead

Economic experts remain divided on the long-term benefits of tariffs for domestic industries. Some argue they offer protection for local manufacturing, while others warn they may stifle innovation and discourage foreign investment. Jack Larsen, a senior investment strategist at Brightwave Capital, noted, "Tariff policies introduce an element of unpredictability, which markets tend to avoid. The short-term effects may include sharp sell-offs, but the long-term damage depends on whether these measures escalate into a full-fledged trade war."

Investor sentiment appears cautious but not panicked, with many adopting a wait-and-see approach. Key market indicators like the S&P 500 and Dow Jones Industrial Average have experienced fluctuations but have avoided major collapses. However, analysts suggest sustained tariff measures could lead to prolonged market corrections, especially if paired with weakened global economic growth.

The Bottom Line

The U.S. tariffs have injected fresh volatility into stock markets, significantly damaging manufacturing, technology, and retail sectors. Investors are adjusting portfolios as the fallout from trade tensions becomes clearer. Whether these changes represent a short-term disruption or a long-term redirection of global trade policy remains uncertain. For now, the stock market’s response appears as much a reflection of fear over the unknown as it does of economic fundamentals. Tensions will likely remain until the US President Donald Trump administration provides more explicit guidance on their vision for international trade.

Continuation urgent Public meeting of Parliament for deliberations regarding the delayed publication of building permits and ensuring legal compliance and procedural clarity.

PHILIPSBURG:--- The House of Parliament will sit in a Public meeting on April 7, 2025.

The Public meeting which was adjourned on March 12, 2025, will be reconvened on Monday at 14.00 hrs. in the Legislative Hall at Wilhelminastraat #1 in Philipsburg. The Minister of Public Housing, Spatial Planning, Environment, and Infrastructure will be in attendance.

The agenda point is:

Deliberations with the Minister of Public Housing, Spatial Planning, Environment, and Infrastructure regarding the delayed publication of building permits and ensuring legal compliance and procedural clarity (IS/654/2024-2025 dated February 24, 2025)

The meeting will resume with the Minister providing answers to the questions posed by Members of Parliament in the first round.

Members of the public are invited to the House of Parliament to attend parliamentary deliberations. All persons visiting the House of Parliament must adhere to the house rules.

The House of Parliament is located across from the Court House in Philipsburg.

The parliamentary sessions will be carried live on TV 15, Soualiga Headlines, via SXM GOV radio FM 107.9, via Pearl Radio FM 98.1, the audio via the internet www.youtube.com/c/SintMaartenParliament and www.pearlfmradio.sx

CPS World Health Day 2025 – “Healthy beginnings, hopeful futures”

PHILIPSBURG (DCOMM):---  The world will be observing World Health Day (WHD) 2025 on Monday, April 7th under the theme, “Healthy beginnings, hopeful futures.”

The World Health Organization (WHO) will kick off a year-long campaign on maternal and newborn health. The campaign will urge governments around the world and the health community to ramp up efforts to end preventable maternal and newborn deaths, and to prioritize women’s longer-term health and well-being.

WHO and partners will also share useful information to support healthy pregnancies and births, and better postnatal health.

WHO says its vision is to help every woman and baby survive and thrive. “This task is critical. Tragically, based on currently published estimates, close to 300,000 women lose their lives due to pregnancy or childbirth each year, while over two (2) million babies die in their first month of life, and around two (2) million more are stillborn. That’s roughly one (1) preventable death every seven (7) seconds.

“Based on current trends, a staggering four (4) out of five (5) countries are off track to meet targets for improving maternal survival by 2030. One (1) in three (3) will fail to meet targets for reducing newborn deaths.”

WHO adds that listening to women and supporting families is essential. “Women and families everywhere need high-quality care that supports them physically and emotionally, before, during, and after birth.

“Health systems must evolve to manage the many health issues that impact maternal and newborn health. These not only include direct obstetric complications but also mental health conditions, noncommunicable diseases and family planning.”

The Collective Prevention Services (CPS), a department of the Ministry of Public Health, Social Development and Labor (Ministry of VSA), calls on the community especially women and their partners to maintain a relationship with their physician during pregnancy through delivery.

CPS adds that it is essential to have preventive interventions that could help reduce the prevalence of underlying health conditions like noncommunicable diseases and malnutrition that increase women’s risks during pregnancy.

CPS says that every stakeholder has a role to play in maternal health that would ensure a healthy pregnancy and birth and a lasting quality of life after the delivery.

CPS also takes this time to highlight the work of the department through their Youth Health Care Section.  This section in particular is tasked with guiding parents on the growth and development of their children. 

In addition to this, the department administers free vaccines to children 0-17 years of age as part of their National Immunization Program.

If parents or guardians have any questions or concerns about the services the department provides or wish to speak to a youth health care nurse, please call 914 or 542-3003, or by WhatsApp 520-4163.

Follow CPS on Facebook at Collective Prevention Services.

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