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Tariff Preferences Paying Off in Caribbean Nations, Report Shows

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One of the nation’s critical trade initiatives continues to bear fruit in a region in need of an economic boost. Tariff preferences on imports to the U.S. under the Caribbean Basin Initiative (CBI), a trade benefit umbrella program, increased to $1.2 billion in 2020 from $1.1 billion in 2019, according to the Office of the…

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