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Peru Confronts U.S. Farm Tariffs as New Data Show Agroexports Still Growing

Peru is pursuing talks under its U.S. trade deal to blunt new farm tariffs.

Overview

  • The U.S. applied new duties — around 10% for some items — on selected Peruvian farm goods, denting price competitiveness for coffee, asparagus, blueberries and other staples.
  • Peru’s agroexports rose 21.6% in January–August 2025 despite the levy, helped by seasonal supply windows and firm demand, according to Scotiabank.
  • The United States remains the leading destination for agroexports at roughly 30% of shipments, with grapes, blueberries, avocados, asparagus and mandarins totaling about US$1.16 billion in the period.
  • Ambassador Alfredo Ferrero has opened negotiations seeking exclusions or relief under the Free Trade Agreement, arguing the tariff burdens Peruvian producers more than U.S. consumers.
  • Sector groups warn thin margins of roughly 8%–10% leave small and mid-sized farmers exposed, with media estimates of more than 1.5 million jobs at risk and calls for diversification, value-added strategies, logistics gains and use of promotion and drawback programs.