Port strikes could cost Chilean exporters $1bn

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Chile’s port strikes, which have reportedly affected 14 ports since the northern port of Angamos began a protest in December, are beginning to hurt perishables exporters in the middle of the country’s summer. A further week of strikes is likely to cost apple, berry and grape farmers some $70m, according to a fruit association, while losses for exporters could reach $1bn. Maersk, meanwhile has warned that Chile risks damaging its reputation if the strikes are not quelled.