Trade Tensions Have Taken a Toll on Chile, Vice Minister of Trade Says

The video discusses the impact of the trade battle on Chile's economy, particularly focusing on copper exports. Chilean Vice Minister of Trade, Rodrigo Yanez, highlights a 9% decrease in trade and emphasizes the importance of market diversification and trade in services. The US-China agreement provides some certainty, but supply chain shifts may have long-term effects. Chile's extensive trade agreements covering 83% of global GDP offer flexibility to adapt to these changes. The country is closely monitoring shifts in supply chains, especially movements from China to Southeast Asia.

What has been the percentage decrease in Chile's trade overall this year compared to last year?

What role does China play in Chile's copper exports?

How does the trade policy of Chile aim to address the challenges posed by the trade battle?

What is the significance of the trade agreement that covers nearly 83% of the global GDP for Chile?

What are some of the countries that Chile has seen companies moving to from China?