INSUBCONTINENT EXCLUSIVE:
transition team, has suggested that the US impose a 60% tariff on goods passing through Chancay.Why? Because the port is controlled by
If the US follows through, it could disrupt not only Peruvian exports but also hurt American companies using Peru as a manufacturing
Tariff Risk Over Chinese Control
(Photo Internet reproduction)Peru has a Free Trade Agreement (FTA) with the US, which should protect it from such drastic measures
violate international trade rules.The real issue here is bigger than just one port
its economy and connect with Asia
But if the US starts targeting countries based on where their goods are shipped from, it could set a dangerous precedent.So why should you
everywhere.If the US starts punishing countries for working with China, it could lead to more trade wars and higher costs for consumers
worldwide.Bottom line: The Chancay port is more than just another infrastructure project