Peru seeks to mitigate impact of new U.S. tariffs

Published 07/04/2025, 15:20
© Reuters.

Investing.com -- Peru, a significant copper exporter, is collaborating with export groups to assess the potential damage of recent U.S. tariffs and to minimize their effects, as stated by Economy Minister Jose Salardi on Monday.

In response to queries about whether the tariffs would negatively affect Peru's economy, Salardi conveyed that the government is still holding its annual growth projection steady at 4%. The minister's comments highlight Peru's efforts to navigate the challenges posed by the newly imposed tariffs, while maintaining its economic growth targets.

The South American nation, known for its substantial copper exports, is actively seeking ways to lessen the potential impact of these tariffs on its economy. Salardi's comments underscore the government's commitment to ensuring the country's economic stability, even in the face of external trade pressures.

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