If this is what the minister view is then we are in serious trouble.

I think he's right. We don't have a big export market but we import almost everything. Trump hit all the worlds producers with tariffs, and he's threatening to levy a one mil fee on Chinese manufactured cargo ships.

Even if we establish direct trade routes with alternative markets their profits are down as the US is likely their biggest market and less is sold due to higher prices.

One option for them is to raise prices on the things that are selling or to countries like us who have to buy from someone, with VAT on customs duty and VAT on VAT pricing our costs could spiral.

From cnn:

"*In the words of another executive: “We’re just going to have to make fewer shirts and sell them for more money.”*

Yup

Btw, Trump is off golfing.

Can't China just ship directly to the country ordering, (i.e. Bahamas) bypassing America?
(Might make shipping costs cheaper for us too....

You missing the meaning of "global impact". China will take a huge hit in the US which is their biggest market. Think locally, what happens when a company has the exact same costs to run a business but one stream of revenue buckles?

People parroting "*a little pain*" need to have their heads examined. The stock market is said to have lost 3 ***trillion*** dollars in one day. Theres no "bypassing" this unless Trump wakes up Monday and switches everything to the way it was... and even then lives have been destroyed in a second. If a US Citizen retired this week, God help them. I dont know where our local pension funds have their dollars invested.

And to think this dumbo not too long ago was also quoted by a Tribune reporter as having said our nation has absolutely nothing to fear from Trump's new tariffs because our nation exports so little to the US.

This most foolish dolt, who should have nothing at all to do with our country's finances, just cannot appreciate that the US instigating a global tariff war portends disastrous inflationary consequences for our nation because we import so much of our non-US made goods via the US, and these same goods will not be exempt from US tariffs when they enter the US for eventual export to our nation.

Yup, both Dumbo Halkitis and Always Angry Wilson have time and time again proven just how ignorant and incompetent they are when it comes to our nation's financial affairs.

He needs to have an OBVIOUS conversation with his counterparts in the US to stop rocking our little country and neighbouring country which uses the US currency as our currency. based on special and historic arrangement use.

When our US dollars go down in value or plunges in value, it costs us more to buy from all other countries Bahamas merchants import from and he should at least grow some tingums and have the courage to open his mout and start talking to his US counterparts.

Most all politicians merely do the bidding for the rich, or their dirty work. Here in this country, who really runs things?
Billionaires run the world. What more needs discussing? Davis, Wilson and Halkitis are useful idiots who have sold-out The Bahamas. They know this is true. That is why they are taking as much as they can for themselves as quickly as they can. A global depression, whereby billions of people suffer and die has no concern to the rich class. The billionaire class is happy to be able to buy assets for pennies on the dollar. When all bounces back, they will have a greater market share of the world's economy.
Don't you think that the US knows what this PLP administration has been up to, and how many hundreds of millions of dollars they have stolen from the Bahamian people? If you don't think so, go back to school.
Trump is being allowed to do what he is doing because it benefits the world's richest few people. Those people control the levers of all governments, all industry, all armaments, all police and military, all media. Who among us cannot see this?
Remember Divide & Conquer. They are happy to see the US enter a civil war, and for there to be chaos, which we call governance here in The Bahamas. Really think there is that much difference between PLP and FNM once they get in? These guys were all raised here. They are products of our educational system, our culture, our families, our politics. How are we really going to output something different? Garbage in - garbage out.
Those in the PLP are simply the worst of our educated class. No honesty, no integrity, no morals. Merely a desire to be as greedy as possible.

Not to worry......history is replete with shining examples of what happens to the unconscionably wealthy and rapacious few in every nation or empire when the tipping point is reached. In our hemisphere you need only look at what the poor enslaved Haitians did to their wealthy French masters.