Agro and Amcham Chamber are pronounced by the 10% tariffs that Trump imposed on Guatemala

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April 3, 2025April 3, 2025By Mario Vásquez
Agro and Amcham Chamber are pronounced by the 10% tariffs that Trump imposed on Guatemala

The Agro Chamber said in a statement that the new tariffs will have a negative impact on Guatemala agricultural production chains and that “trade between the two countries has been beneficial and must protect itself.”

In addition, the agricultural union added that in 2024 Guatemala exported US $ 4,614 millionSA United States and imported US $ 10,545 million From the United States.

Trump decided to impose the 10 % global tariff and the measure Includes additional levies for countries that have high commercial barriers and prosecutors on American products.

For its part, the Guatemalan Ministry of Economy indicated that they are analyzing The “Executive Order” of the Donald Trump governmentwhich imposes new 10 % tariffs on products to export from the nation that presides over Bernardo Arévalo de León.

The agricultural sector pointed out that the action of the legal authorities is necessary to “respect” the commercial commitments of the Free trade treaty between the United States and Central America DR-CAFTA which has been in force since 2004.

Amcham

Through a statement, the Guatemalan Chamber of Commerce (AMCHAM) spoke before the recent tariffs announced by Donald Trump, and said that this decision “reinforces the importance of consolidating a stable and competitive bilateral trade within the Dr-Cafta ”.

In the writing AMCHAM states that this current context can “represent a competitive advantage for Guatemala“, Since I could provide opportunities to attract investment and strengthen the country’s positioning in international trade.

In addition, the Chamber listed a series of “suggested actions” where it mentions the coordination of both countries to enhance favorable commercial conditionsthe implementation of reforms that facilitate trade and find ways to position Guatemala as a key partner in supply chains.

Also read: How is Guatemala with the imposition of reciprocal tariffs in the United States?

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