Article

Chilean President Gabriel Boric's efforts to reshape the country's export-driven economy, focusing on lithium, copper, and green hydrogen, face significant challenges following the election of right-wing candidate José Antonio Kast. While Boric's administration has proposed a new development model and achieved some successes in lithium extraction, many initiatives have stalled due to political pressures, leading to a shift towards a more centralized approach. Additionally, the government's ability to engage in international trade negotiations has weakened, particularly amid rising US tariffs.