From January 1, the US will impose a tariff that is phased-in over two years on all imported Nicaraguan goods not originating under the Dominican Republic-Central America-United States Free Trade Agreement.
The tariff will be set at zero per cent on January 1, 2026 and will increase to 10 per cent on January 1, 2027, and to 15 per cent on January 1, 2028.
Any tariff would stack with existing tariffs.