Gov misleds: redirecting exports is a simple change of direction | El Gobierno engaña: redirigir las exportaciones es un simple cambio de dirección

By Unitel Digital:

President of Cainco Criticizes Government Strategy of “Redirecting Exports as a Simple Change of Direction”

In response to the 10% tariff imposed by the U.S. on Bolivia, the Minister of Economy spoke about replacing that market, a proposal that was questioned by the business leader given the current challenges facing Bolivian exports.

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“In Bolivia, Our Exports Are at the Mercy of Political Bans,” Said Antelo (Left) While Questioning the Minister (Right)

The president of the Santa Cruz Chamber of Industry, Commerce, Services, and Tourism (Cainco), Jean Pierre Antelo, criticized Minister of Economy Marcelo Montenegro, who suggested replacing the U.S. market in response to the potential impact of the 10% tariff imposed by Donald Trump on countries including Bolivia.

Montenegro stated that Bolivia would seek new markets in Europe and Asia to compensate for the loss of the U.S. market for metallic tin, one of the country’s key export products. However, Antelo questioned this strategy, highlighting the inherent difficulties in the situation.

“Redirecting exports to Europe and Asia as if it were a simple change of direction—when in Bolivia, our exports are at the mercy of political and arbitrary bans imposed overnight,” Antelo said via social media.

The business leader argued that such improvised measures and the minister’s casual remarks reveal a lack of economic solutions, concrete actions, and foreign policy strategies.

On Wednesday, the Trump administration announced new tariffs on 185 countries across all continents, including Bolivia. Asian nations and the European Union are among those most affected.

“The direct effect will be an additional minimum 10% tariff, which will impact exports of metallic tin, Brazil nuts, and quinoa—Bolivia’s main exports to the United States,” the minister stated.

The government official also claimed that the U.S. was “shooting itself in the foot” with this measure, as it would disrupt the flow of exports to the North American market.

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