Costa Rica’s agribusiness is under threat as U.S. tariffs may be imposed on foreign produce, effective April 2. Officials urge caution and stress the importance of monitoring the situation while highlighting the significance of the CAFTA-DR trade agreement. Despite concerns, there are currently no immediate warning signs from PROCOMER regarding the impact on Costa Rican exports.

Costa Rica’s agribusiness sector is currently facing uncertainty due to the potential imposition of tariffs on foreign produce by U.S. President Donald Trump, set to take effect on April 2. This development could significantly disturb Costa Rican exports as Trump encourages U.S. farmers to increase domestic production, signaling a possible shift in trade policies. Specific details regarding targeted countries and products are anticipated to be released shortly, causing concern within Costa Rica.

This article highlights the apprehension within Costa Rica’s agribusiness sector as U.S. tariffs loom. The focus remains on monitoring developments closely, with officials advocating for caution while emphasizing the importance of trade agreements such as CAFTA-DR. There is hope that existing agreements will continue to protect Costa Rican exports, despite rising challenges in the international market.

Original Source: ticotimes.net

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