Peru says new US tariff exemption includes about 100 food products
Peru's Foreign Trade and
Tourism Minister Teresa Mera said on Monday that a new U.S.
tariff exemption includes more than 100 products from the Andean
country's agricultural export basket that were worth about $1.2
billion last year.
U.S. President Donald Trump last week rolled back tariffs on
more than 200 food products, including such staples as coffee,
beef, bananas and orange juice, in the face of growing angst
among American consumers about the high cost of groceries.
In a ministry statement, Mera said the exempt products
totaled about $1.2 billion in exports last year, representing
24% of Peru's shipments to the U.S. market.
However, blueberries, Peru's top export to the U.S. was not
included in the new tariff exemption.
Peruvian exports to the United States have risen this year,
with sales reaching around $6.7 billion between January and
September, an 8.2% increase from a year earlier, according to
Commerce Ministry data.
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