The Indonesian-Chilean Chamber of Commerce and Culture is closely monitoring the developments in the Chilean mining industry. As reported by Tierramarillano, the industry is facing potential tariff increases, which could pose significant challenges to the sector. The mining industry is considered the backbone of the Chilean economy, and any obstacles to its growth could have far-reaching effects. The chamber has repeatedly stressed the need to repeal articles 7, 8, and 9 of the Mining Code to encourage fresh investments and increase production, thereby earning more foreign exchange for the country.
Amidst escalating tensions between China and the United States, political scientist Juan Pablo Sims suggests that Chile's best course of action is to maintain open trade markets with both countries. As reported by Radio Concierto Chile, the ongoing trade war between the two economic giants threatens to drag other nations into the conflict. The chamber echoes Sims' sentiments, emphasizing the importance of maintaining a balanced trade relationship with both China and the U.S.
In a move towards sustainable mining practices, Chile and the European Union (EU) are strengthening their strategic alliance. According to the Digital Mining Magazine REDIMIN, they aim to promote sustainable value chains in critical minerals through agreements and participation in EXPOMIN 2025. The chamber supports this initiative, recognizing the importance of sustainability in mining and the potential benefits of a closer relationship with the EU.
An Oced-UDP report indicates that 8.3% of Chile's exports could be subject to U.S. tariffs. This places the country in a moderate position concerning the exposure of its shipments. The chamber is keenly following these developments and their potential impact on Chilean exports.
Meanwhile, Peruvian service exports to Chile have seen a 15% growth. Seventeen Peruvian companies specializing in mining services are participating in Expomin 2025 with the aim of strengthening commercial ties with Chile. The chamber welcomes this growth, highlighting the importance of regional cooperation and trade.
Finally, the volume of Chilean salmon exports has fallen in the first quarter of 2025, ahead of Trump's tariff. Despite the decrease in volume, the value of these shipments grew by 5.1% during the same period. The chamber is closely monitoring these developments, recognizing the importance of the salmon industry to the Chilean economy.
Source:
- Desafíos que imponen los potenciales aumentos de aranceles a los minerales chilenos – Tierramarillano – Noticias de Atacama y Chile (Tierramarillano.cl)
- Politólogo sobre Chile en la guerra comercial: "Lo que más nos conviene es tratar de mantener ambos mercados abiertos" — Radio Concierto Chile (Concierto.cl)
- Chile y la UE refuerzan alianza en EXPOMIN 2025 para impulsar cadenas de valor sostenibles en minerales críticos (Redimin.cl)
- Informe afirma que el 8,3% de las exportaciones de Chile estarían sujetas a aranceles de EE.UU. (Soychile.cl)
- Exportaciones de servicios peruanos a Chile crecieron 15% (Electromineria.cl)
- Volumen de exportaciones de salmón chileno cae en el primer trimestre 2025 previo al arancel de Trump (Soychile.cl)