Peruvian exports to the US have risen this year, with sales reaching around US$6.7 billion between January and September. (EPA Images pic)
LIMA: Peru’s foreign trade and tourism minister Teresa Mera said yesterday that a new US tariff exemption includes more than 100 products from the Andean country’s agricultural export basket that were worth about US$1.2 billion last year.
US 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 US$1.2 billion in exports last year, representing 24% of Peru’s shipments to the US market.
However, blueberries, Peru’s top export to the US were not included in the new tariff exemption.
Peruvian exports to the US have risen this year, with sales reaching around US$6.7 billion between January and September, an 8.2% increase from a year earlier, according to commerce ministry data.
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