The U.S. and China are large trading partners that account for nearly 50% of Chile's trade, says the Chilean vice minister of trade, Rodrigo Yanez.
's trade — which makes a signed deal between the economic powers very important for the South American country, Chilean vice minister of trade Rodrigo Yanez told CNBC on Wednesday.
"We supply many factories that re-export from China to the U.S., and the way we've seen dropping, some of those exports ... it's something very important, not just to activate our exports, but also to the level of certainty that it should introduce to the markets," he said of a trade deal between Beijing and Washington.
He also said Chile is "highly dependent" on commodity prices, which have been volatile as a result of the trade war. For more than a year, the U.S. and China have been engaged in a dispute that's expanded from trade to technology and national security issues. It has seen both sides impose punitive tariffs on each other and created uncertainty in the
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