The Ministry of Foreign Trade and Tourism of Peru announced on Apr. 8 that it is reviewing new United States presidential measures introducing changes to tariffs on various manufactured goods made from copper, steel, and aluminum.
This development is significant as it could affect trade between Peru and the United States, impacting the competitiveness of Peruvian exports. The ministry said it is maintaining ongoing dialogue with US authorities to explore cooperation opportunities aimed at reducing the impact of these commercial measures.
The government is currently assessing these measures within its international commitments to understand their potential implications for bilateral trade and export competitiveness. According to the statement, “Se realiza un seguimiento técnico permanente de las decisiones judiciales, administrativas y legislativas que puedan adoptarse en Estados Unidos, a fin de monitorear su evolución.” The ministry also emphasized efforts to strengthen its commercial promotion strategy by expanding into new markets through active participation in trade negotiations, fairs, business missions, and business roundtables.
The Ministry of Foreign Trade and Tourism directs national strategies for foreign trade by promoting Peruvian business expansion and sustainable tourism development according to the official website. It serves communities across Peru with a focus on trade facilitation and tourism connectivity according to the official website. Established in 2002 as part of the executive branch under sector-specific autonomy according to the official website, it operates under oversight from its minister according to the official website.
In addition to policy direction on foreign trade and tourism fostering export growth according to the official website, it collaborates with organizations such as PromPerú as well as public and private partners for advancing export objectives according to the official website.
“Desde el Gobierno del Perú, reafirmamos el compromiso de continuar fortaleciendo el comercio exterior como un motor clave para el crecimiento económico del país, promoviendo condiciones que mejoren la competitividad, la generación de empleo y la integración del Perú en los mercados internacionales,” said officials from Mincetur.
