Overview
- Peru confirms a renewed diplomatic and technical push to address U.S. 10% tariffs that remain in force despite the bilateral free trade agreement.
- Mincetur, led by Minister Teresa Mera Gómez, has restarted coordination with U.S. trade authorities to review the treatment of affected products and argue for tariff removal.
- The government is activating a multisectoral working group, with Economy Minister Denisse Miralles noting parallel efforts to diversify export markets.
- Trade and industry groups warn the extra levy threatens competitiveness in agroindustry and manufacturing, with estimates that over 70% of agricultural exports face added costs.
- Lima plans to leverage APEC and the Pacific Alliance for support, taking cues from Brazil’s stated plan to pressure Washington at COP30 and from China’s results-oriented negotiation approach.