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USTR taking measured approach on Nicaragua
The USTR recently announced that the U.S. will impose tariffs on all imported Nicaraguan goods that are not originating under the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR). The tariff will initially be set at zero but is set to increase to 10% in 2027 and 15% in 2028. This announcement represents a much more measured approach than some of the potential actions USTR proposed in October, which included possible suspension of Nicaragua’s CAFTA-DR benefits...










