Peruvian exporters should factor the **.* per cent Section *** rate into the cost of covered US-bound shipments, confirm applicable exclusions, protect quality and delivery, and diversify without assuming another market can replace American demand. Buyers should compare landed costs across Peru, Mexico, Central America and Asia, verifying each shipment’s tariff treatment and rules of origin. Free-trade agreements do not automatically exempt goods from the new duty; only shipments qualifying under specific exclusions receive relief. Cambodia and Indonesia recorded higher US import values, although the data do not establish the reasons. Peru’s reactivation plan should be assessed against measurable improvements in financing, productivity and market access.
US Section *** action: Tariff rates and exemptions
On July **, ****, the US Trade Representative announced final Section *** action following investigations into whether ** economies imposed and effectively enforced bans on imports made with forced labour. Default rates are ** per cent for Cambodia, Indonesia, Mexico, Guatemala and Honduras, and **.* per cent for Peru, China and other listed economies, subject to exemptions. Duties apply to covered entries from July **, with a limited transition for goods already loaded and in transit.
