Chile-Indonesia Chamber of Commerce and Culture: Weekly News Report
The Chile-Indonesia Chamber of Commerce and Culture is reporting on several significant developments in Chile's international trade and diplomatic relations this week.
Chile's dried plum exports continue to thrive, reaching 78 countries in 2024 and totaling 88,897 metric tons, equivalent to USD 255.119 million. This superfood's global reach and economic impact are a testament to Chile's robust agricultural sector.
However, Chile's economy faces threats from the recently announced 10% tariffs on Chilean products by the U.S. This measure, announced by President Trump on April 2, 2025, could potentially impact Chile's economy, which sends 14% of its exports to the U.S. Key products such as salmon, fruits, and wines may be affected, while copper and timber exports are expected to remain unaffected.
According to economist Jean Paul Quinteros, the tariffs could also impact sectors such as oil, leading to increased fuel prices. It is also predicted that there will be an effect on food and technological products imported directly from the U.S., impacting Chile's export competitiveness. In response, it is expected that Chile will seek new trade links.
In diplomatic news, Pablo Arriarán Ahumada has been appointed as the new Chilean ambassador to the People's Republic of China. A seasoned diplomat with extensive international experience, Arriarán's appointment comes at a crucial time for relations between the two countries.
Despite the challenges, Chile has so far successfully navigated the trade war instigated by President Trump. However, the longevity of this resilience remains uncertain, as indirect effects of the conflict could potentially impact Chile's economy in the coming months.
In response to the potential tariffs on copper, the Chilean government, through the Chilean Copper Commission (Cochilco), has submitted a letter to the United States defending its position as a "strategic and reliable partner". This move underscores the gravity with which Chile views the possible imposition of tariffs on its copper exports.
Source:
- Exportaciones de ciruelas chilenas deshidratadas suman USD 255.119 millones en 2024 - PortalPortuario (Portalportuario.cl)
- Aranceles del 10% a Chile < El Rancagüino (Elrancaguino.cl)
- Trump impone aranceles de 10% a Chile: economista prevé impacto en alimentos, petróleo y exportaciones | podria-ser-peor-group-programas | BioBioChile Televisión (Biobiochile.cl)
- Destacado Diplomático Asume Liderazgo en Embajada de Chile en China (Reportediario.cl)
- Cómo Chile ha logrado resistir la guerra comercial de Trump e incluso ha salido beneficiado de la misma - La Radio de Santiago (Eldiariodesantiago.cl)
- DF En Infinita | Ante aranceles al cobre: Chile envía carta a Estados Unidos (Infinita.cl)