U.S. Tariff Exemptions Boost Peru's Agricultural Exports

Peru's Economy Minister, Teresa Mera, announced a new U.S. tariff exemption that benefits over 100 products from Peru's agricultural exports. The move follows U.S. President Donald Trump's decision to roll back tariffs on over 200 food products, addressing growing concerns about grocery costs in the U.S.

U.S. tariffs on over 200 food products have been rolled back by President Donald Trump, addressing increasing concerns about high grocery prices. This decision benefits more than 100 agricultural products from Peru, according to Peru's Economy Minister Teresa Mera.

The tariff exemption, announced on Monday, is expected to boost exports from the Andean nation, providing relief to American consumers and fostering economic ties between the two countries.

Products like coffee, beef, bananas, and orange juice are among the staples affected, promising a positive impact on Peru's agricultural sector and the U.S. market.

(With inputs from agencies.)