CONEP President: U.S. trade policy changes could benefit Dominican economy

Santo Domingo.- The president of the National Council of Private Enterprise (CONEP), Celso Juan Marranzini, stated that the recent changes in U.S. trade policy, including additional tariffs, will not negatively impact the Dominican Republic. Instead, he believes these changes could present new opportunities for the country’s exports.

Marranzini explained that while some might view tariffs as a challenge, they could actually benefit the Dominican economy. He highlighted that the long-term economic outlook for the U.S. remains strong, which would, in turn, have a positive effect on the Dominican Republic, given its deep trade, tourism, and remittance ties with the U.S.

He stressed the importance of staying vigilant to global economic shifts while working to diversify the economy and enhance competitiveness. Despite current uncertainties, Marranzini expressed confidence that the Dominican Republic is well-positioned to adapt and take advantage of emerging opportunities.