U.S. delegation to visit Chile to negotiate Trump-era tariffs

Chile is preparing to host a U.S. delegation next week for crucial negotiations concerning a 12.5 percent tariff imposed by the Donald Trump administration. The delegation, led by Deputy U.S. Trade Representative Jeffrey Goettman, is scheduled to be in Chile on August 24 and 25.

The tariffs, announced by the U.S. on July 23, affect imports from 60 countries, representing 99 percent of U.S. procurements. The stated reason for these tariffs is the perceived "insufficient efforts to combat forced labor" by these economies.

While the U.S. has already exempted copper, Chile's primary import from the U.S., from this new tariff, Santiago is actively seeking further exemptions. Chile aims to have salmon, fresh and frozen fruits, wines, and dairy products also excluded from the punitive measures.

The outcome of these negotiations is significant for Chile's export-dependent economy, as these sectors are vital contributors to the country's trade balance and employment.