Foreign Trade and Tourism Minister Desilu Leon stated that the application of a universal 10% tariff by the United States on imports from nearly all countries —except China, which will face a 125% tariff— would mainly benefit countries that had previously faced higher tariffs, by temporarily aligning them to a common 10% scheme.
Monday 13 October 2025
andina ingles - 6 month ago
Peru: Tariff pause will allow negotiations and showcase FTA benefits
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